What is the standard deviation of the insurer expected loss

Assignment Help Accounting Basics
Reference no: EM133139125

Question - If an insurer writes 1,600 independent auto insurance policies, and each policy has an expected loss = $1,500 and a standard deviation = $1,800, what is the standard deviation of the insurer's expected average loss?

Reference no: EM133139125

Questions Cloud

Develop leadership skills and apply these to your everyday : Critically analyse each of your chosen styles by examining the benefits and limitations of each. Identify clinical situation(s) where the leadership style
What is the optimal ordering frequency : Ordering costs are $540, and Haulsee's inventory carrying costs average 14% of the inventory value. What is the optimal ordering frequency
Describe hotel development process : Describe the basic elements of human comfort and how HVAC systems affect this comfort. Describe the hotel development process.
Positive and negative examples of social interaction : Kevin Van Roostjen lives in the Yonge and Eglinton neighbourhood. He takes the subway downtown to work and back each day. In the past five years or so, he's not
What is the standard deviation of the insurer expected loss : If an insurer writes 1,600 independent auto insurance policies, and each policy has an expected loss = $1,500. What is the standard deviation
Discuss impact of social media on individual privacy : Discuss the impact of Social Media on Individual Privacy in a Client memorandum format. Are they any references you can provide?
Creation of critical challenges : To raise public awareness on the need for support and sustain funding for public health data and information systems technology as well as innovative digital to
What is the total amount posted to the accounts payable : What is the total amount posted to the accounts payable and office supplies accounts from the purchases journal for April
Difference between intrinsic and extrinsic rewards : 1. Explain the difference between intrinsic and extrinsic rewards. Discuss how they relate to a job thou have held or are holding.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd