Nonparametric tests are conducted in SPSS via the NONPARAMETRIC TESTS program

Which of the following statements best defines why an applicant would want to backdate an insurance application?

A) To take advantage of higher interest rates in place at the earlier date B) To have the policy's premium based on the insured's age at the earlier date C) To create a larger cash value upon policy issue D) To move the policy issue date ahead of a disqualifying event, such as a diagnosis of a terminal disease"

The central importance of game theory is best described by which of the following?

A) Game theory imposes disciplined thinking on managers. B) Game theory is the best way of analyzing historical sales data. C) Game theory is an inexpensive way of anticipating a competitor's future strategies. D) Game theory is easy to learn.