Some insurers are experimenting with the use of an electronic device that can be installed in a vehicle to track driving behavior
The insurers then use the information to help determine the appropriate auto insurance premium to charge. Such devices are called
A) data recorders.
B) radar detectors.
C) original equipment manufacturer parts.
D) thresholds
Answer: A
Business
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An investor has $2,000 invested in stock A and $5,000 in stock B. The daily volatilities of A and B are 1.5% and 1% respectively and the coefficient of correlation is 0.8
What is the one day 99% VaR? Assume that returns are multivariate normal (Note that N(-2.326)=0.01) A. $177 B. $135 C. $215 D. $331
Business
Input/Output devices are software that allows real-world users to interact with the virtual world of the information system
Indicate whether the statement is true or false
Business