Which Type of Insurance Provides for the Partial Replacement of Income

question 42

Multiple Choice

Which type of insurance provides for the partial replacement of income lost by employees as a result of an accident, illness, etc.?

• A)Comprehensive major medical
• B)Major medical expense
• C)Physician's expense
• D)Disability income
• E)Surgical expense

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Definitions:

Null Hypothesis

The default hypothesis that there is no effect or no difference, and any observed effect is due to sampling variability.

Type I Error

The probability of rejecting the null hypothesis when it is actually true, also known as a false positive.

Type II Error

A statistical mistake of failing to reject a false null hypothesis; also known as a false negative.