For the data given above, the forecast for the year 2003 is approximately close to ________

The premium that insurance companies charge does not cover the cost of expected losses only. The premium must also cover the cost of compensating agents and other costs of doing business

The amount added to the pure premium to cover these costs is called the A) expense loading. B) deductible. C) dividend. D) loss reserve.

Distributive fairness is the perceived fairness of the hiring or promotion outcome

Indicate whether the statement is true or false