Preimer Life Company Is a Life Insurance Company That Collects,stores,prepares

question 2

Multiple Choice

Preimer Life Company is a life insurance company that collects,stores,prepares and provides customerized life insurance policy to customers in the Midwest.When a customer's information is received,it is recorded in a database and a ticket is provided to the policy underwriter .When the life insurance policy is issued,the database is updated so that it always reflects the correct amount of life insurance coverage and the length of the policy available to the customers.In a data flow diagram,which type of symbol would be used to represent the process of updating customers' life insurance records in the system?

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Definitions:

Null Hypothesis

A statement that there is no effect or no difference, and it serves as the default or starting assumption in hypothesis testing.

Variance

A measure of the dispersion of a set of data points around their mean value, quantifying how much the data points differ from each other.

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of numeric values.

Test Statistic

A numerical measure that summarizes data from a sample to make inferences about a population parameter in hypothesis testing.