The Uncertainties of Direct and Indirect Losses Due to Fire

question 1

Multiple Choice

The uncertainties of direct and indirect losses due to fire, wind, accident, theft, etc., are called ____________ risks.

• A)personal
• B)business
• C)property
• D)liability
• E)speculative

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Definitions:

N = 11

A statement indicating a sample size, or total number of observations, equals to eleven.

Critical Value

A threshold in statistics above or below which a statistical result is considered significant.

Dogs

Domesticated mammals known for their loyalty and companionship, classified in the species Canis lupus familiaris.

Hypotheses

Hypotheses are proposed explanations made on the basis of limited evidence as starting points for further investigation.