The premium cost for group insurance is generally based on
A) administrative costs
B) turnover rate of employees
C) experience rating
D) community rating
Ans: C) experience rating
Business
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The proper name for the population value is the ________
A) population B) generalized value C) total value D) parameter E) statistic
Business
Who among the following is exempt from federal minimum wage requirement?
A) Kelly, an inside sales rep at a pharmacy B) John, a waiter by day and a guitar teacher by night C) Tsun, a software applications developer D) Orlando, a telemarketer
Business