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'Underwriting' by an Insurer Involves

question 4

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'Underwriting' by an insurer involves:


Definitions:

Sick Leave

Authorized absence from work due to illness.

Frequency Distribution

A table or graph that displays the frequency of various outcomes in a sample.

Relative Frequency

The proportion of times a particular value or category appears in a dataset relative to the total number of observations.

Crosstabulation

A tabular summary of data for two variables. The classes for one variable are represented by the rows; the classes for the other variable are represented by the columns.

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