Carol used a seasonal promotional gimmick to reach which target market?
A) business travelers
B) young families
C) retirees
D) summer campers
E) athletes
A
Business
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Decision trees are typically analyzed from right to left
Indicate whether the statement is true or false
Business
JKL Insurance Company estimates that 14 out of every 100 homeowners it insures will file a claim each year. Last year, JKL insured 200 homeowners
According to the law of large numbers, what should happen if JKL insures 2,000 homeowners this year? A) The total number of claims filed by JKL policyowners should decrease. B) The total dollar value of claims will decrease. C) The average size of loss will decline in value. D) The actual results will more closely approach the expected results.
Business