Kyle White owns a sporting goods store that appeals to hunters and fishermen. The market that Kyle is trying to appeal to is called his ________ market

Which of the following statements regarding policy dividends is CORRECT?

A) They are not available to insureds after a specified age, such as 60. B) They are the difference between the gross premium charged and the actual experience of the insurer. C) Though they may vary from year to year, they are guaranteed to be paid each year. D) They are issued on nonparticipating policies."

On average, how many machines are in the system either being repaired or waiting in line to be repaired?

In a factory, machines breakdown at an average of 6 machines per hour according to a Poisson distribution. The time a repair person takes to repair the machine is not defined by any probability distribution, but has a mean of 8 minutes and a standard deviation of 3 minutes.