In a Weather Derivative,the Number of Days Times the Average

question 11

Multiple Choice

In a weather derivative,the number of days times the average temperature above 65 degrees Fahrenheit is called

• A)temperature day count
• B)day-temps
• C)cooling degree days
• D)temp-days
• E)heating degree days

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Definitions:

Permit System

A regulatory process requiring individuals or businesses to obtain authorization before engaging in certain activities or operations.

Ocean Waters

The vast bodies of saltwater that cover approximately 71% of the Earth's surface, comprising the five major oceans.

Civil Penalties

Financial penalties imposed by governmental agencies as punishment for violations of legal requirements or regulations.

Hazardous Waste Regulations

Rules established by environmental agencies that govern the handling, storage, treatment, and disposal of wastes that pose substantial or potential threats to public health or the environment.