An Insurance Analyst Working for a Car Insurance Company Would

question 140

Multiple Choice

An insurance analyst working for a car insurance company would like to determine the proportion of accident claims covered by the company.A random sample of 200 claims shows that the insurance company covered 80 accident claims while 120 claims were not covered.Construct a 90% confidence interval estimate of the true proportion of claims covered by the insurance company.

• A)[.356 .444]
• B)[.360 .440]
• C)[.372 .428]
• D)[.343 .457]

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Definitions:

Managing Interpersonal Conflict

The process of handling personal disagreements or disputes in a constructive and respectful manner.

Rationalization

The process of finding logical explanations for behaviors, decisions, or feelings that may otherwise appear irrational.

Superordinate Goal

An organizational goal that is more important to both parties in a conflict than their individual or group goals.

Organizational Goal

A long-term aim that an organization seeks to achieve.