A Home Insurance Company Anticipates the Following Pattern of Claims,based

question 31

Multiple Choice

A home insurance company anticipates the following pattern of claims,based on historical data.What is the standard deviation of claims?

• A) $2,562.79
• B) $6,567,900
• C) $2,000
• D) $110
• E) $3,753.52

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Definitions:

Dopamine

A neurotransmitter involved in many functions, including motivation, reward, attention, and regulation of movement.

Substance P

A neuropeptide involved in the transmission of pain and other sensory signals to the brain, also playing roles in mood and anxiety.

Pain

A distressing sensory and emotional experience linked to real or possible damage to body tissue.

Retinex Theory

A theory in vision science that explains how the brain perceives colors consistently under different lighting conditions.