A Brownian motion is a stochastic process that can be described as a:

A) Pattern of movements with continuous movements
B) Pattern of movements with discrete movements
C) Random walk with continuous movements
D) Random walk with discrete movements

C

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All of the following are basic premium factors EXCEPT

A) the insurer's expenses B) the insured's annual income C) interest earnings D) the mortality rate"

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In the United States, each state has only a single district court

Indicate whether the statement is true or false

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