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An Insurance Analyst Working for a Car Insurance Company Would [.356.444]\left[ \begin{array} { l l } .356 & .444\end{array} \right]

question 119

Multiple Choice

An insurance analyst working for a car insurance company would like to determine the proportion of accident claims covered by the company.A random sample of 200 claims shows that the insurance company covered 80 accident claims and did not cover 120 claims.Construct a 90 percent confidence interval estimate of the true proportion of claims covered by the insurance company.


Definitions:

Promotion

The advancement of an employee's rank or position in an organizational hierarchy, often accompanied by an increase in salary and responsibility.

Social Judgment Skill

The ability to understand and manage interpersonal relationships and dynamics, often by accurately interpreting social cues and reactions.

Knowledge Acquisition

The process of obtaining, absorbing, and retaining new information or skills.

Perspective Taking

The cognitive process of considering the world from someone else’s viewpoint, often emphasized as a crucial skill in effective leadership and communication.

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