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

  Record the withdrawal of Joey

Record the withdrawal of Joey under each of the independent situations - Joey's capital interest was acquired for P150,000 by Dos in a personal transaction

  What options does E Corporation have in choosing a tax year

The corporation sells a sports drink as its principal product and has similar sales each month. What options does E Corporation have in choosing a tax year

  What are the equivalent units for the current period

Adamson manufacturing is trying to determine the equivalent units. What are the equivalent units for the current period

  Bills buys a raffle ticket for 100 as sold by a local

bills buys a raffle ticket for 100 as sold by a local charity as a fund raising event for the charity. the potential

  Dividends on preferred stock have been in arrears of 2002

dividends on preferred stock have been in arrears of 2002 and 2003. on december 31 2004 a total cash dividend of

  Compute azona depreciation for current year

Compute Azona's depreciation for current year assuming that the asset was purchased and placed in service on September 30

  John annualized holding period return

John purchased 100 shares of Black Forest Inc. stock at a price of $153.96 three months ago. He sold all stocks today for $157.67. During this period the stock paid dividends of $5.04 per share. What is John's annualized holding period return (ann..

  What balance sheet terminology would you use

In what section of the balance sheet should the following items appear, and what balance sheet terminology would you use?

  What is the one-year interest rate expected during year

What is the one-year interest rate expected during Year 2? That is, compute the rate that is expected to exist only during Year 2.

  Determine the total amount of manufacturing overhead

Question - Sheffield Company reports the following costs and expenses in May. Determine the total amount of manufacturing overhead

  Calculate the net change in Jack Apps Company net income

Using the New Customer Financial Survey and the Business Sustainability Analysis, calculate the net change in Jack's Apps Company's net income

  Discuss quik-pass intends to not recognize any income

Quik-Pass intends to not recognize any income until the number of students who actually passed is known

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