Explain insurable interest and give an example

Answers

Answer 1

The examples of insurable interest is an employer under certain arrangements.

Insurable interest is a investment that protects anything subject to a financial loss. A person or entity has an insurable interest in an item, event, or action when the damage or loss of the object would cause a financial loss or other hardshapes. In order to have an insurable interest a person or entity would take out an insurance policy protecting the person,item, or event in question. The insurance policy is able to  mitigate the risk of loss if something happens to the asset-like becoming damaged or lost.

Examples of insurable interest are:

YourselfYour spouse or former spouseYour children or grandchildrenA special needs adult childAn aging parentAn employer (under arrangements)

Hence the examples of insurable interest is an employer under certain arrangements.

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Answer 2

Answer: Insurable interest means you must have a financial stake in the risk being insured. You can’t claim insurance for a risk that you don’t face directly.

If Rob’s dad’s car is stolen, his father will receive the insurance money, not Rob.

Step-by-step explanation: Edmentum


Related Questions

Graph a line with a slope of 2/5 that contains the point (-2 4)

Answers

Answer:

The equation for the line is y = 2/5x + 24/5

Step-by-step explanation:

If you need the exact points, go to m4thway and plug that equation in.

What is the remainder when x4–5x3+ 3x2–2x + 7 is divided by x –1?
A) 4
B) 7
C) 10
D) 18

Answers

Answer:

-107

Step-by-step explanation:

x4-5^3+ 3^2-2x + 7

2x−109/x−1

1   2   −109

   

    2

second step

1   2                    -109

                    1 * 2 = 2

    2 (-109) + 2 = -107

Coefficients are 2, and -107

Therefore the quotient is 2 and the remainder is -107

The average woman's height is 65 inches with a standard deviation of 3.5 inches.

a.) Determine the z-score of a woman who is 70 inches tall. Round to the nearest tenth.


b.) Use a z-score table to determine how many women out of 10,000 would be taller than the 70 inch tall woman.

Answers

Answer:

Part a:

p(z=1.43) find 1.43 in z table that'll be the answer for part a

What angle maximizes the area of the triangle below?

What angle maximizes the area of the triangle below?

Answers

Answer:

90°

Step-by-step explanation:

Area of triangle with sides a and b and included angle Θ:

A = (1/2)ab * sin Θ

dA/dx = (1/2)ab cos Θ

(1/2)ab cos Θ = 0

cos Θ = 0

Θ = 90°

The expression 12x + 6 can be used
to describe a sequence algebraically. Which of the following could be the first
five numbers in this sequence?
A 6, 12, 18, 24, 30
B 6, 18, 24, 36, 42
C 18, 30, 42, 54, 66
D 18, 36, 54, 72, 90

Answers

The first five terms of the given sequence are:

C: 18, 30, 42, 54, 66

How to find the nth term of a sequence?

The formula for the nth term of an arithmetic sequence is expressed as:

aₙ = a + (n - 1)d

where:

a is first term

d is common difference

n is number of term

The formula for the sequence is 12x + 6. Thus:

First term = 12(1) + 6 = 18

Second term = 12(2) + 6 = 30

Third term = 12(3) + 6 = 42

Fourth term = 12(4) + 6 = 54

Fifth term = 12(5) + 6 = 66

Thus, the sequence is : 18, 30, 42, 54, 66

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Can be written in Simplest form

Can be written in Simplest form

Answers

Answer:

8\(\sqrt[3]{2}\)

Step-by-step explanation:

The cube root of -2 to the power of 10 is;

(-2)^10=2^10

2^10=(2^3)*(2^3)*(2^3)*2

You can factor out 2^3=8 of the cube root

So you get 8 times the cube root of 2

The population of a city has increased by 24% since it was last measured. If the current population is 40,300 what was the previous population

Answers

Answer:

26598

To find the answer, you have to subtract 24% from the current population. In this scenario, 40% subtracted from 40,300 is 26,598.

Hope this helped!

Look at the figure below: an image of a right triangle is shown with an angle labeled y If sin y° = 7 over q and tan y° = 7 over r, what is the value of sec y°?
sec y° = q over r
sec y° = 7r
sec y° = 7q
sec y° = r over q

Answers

Answer:

\(\sec y=\dfrac{q}{r}\)

Step-by-step explanation:

Given that,

\(\sin y=\dfrac{7}{q}\)

and

\(\tan y=\dfrac{7}{r}\)

We need to find the value of \(\sec y\). We know that,

\(\sec\theta=\dfrac{1}{\cos\theta}\)

Also,

\(\tan\theta=\dfrac{\sin\theta}{\cos\theta}\\\\\cos\theta=\dfrac{\sin\theta}{\tan\theta}\)

Substitute all the values,

\(\cos y=\dfrac{\dfrac{7}{q}}{\dfrac{7}{r}}\\\\=\dfrac{7}{q}\times \dfrac{r}{7}\\\\\cos y=\dfrac{r}{q}\)

So,

\(\sec y=\dfrac{1}{\dfrac{r}{q}}\\\\\sec y=\dfrac{q}{r}\)

So, the correct option is (a) i.e. \(\sec y=\dfrac{q}{r}\).

Name:
L153
Mean Absolute Deviation
Find the mean absolute deviation of each set of data. Round your answer to two decimal
places.
1) 61, 87, 46, 79,53, 46
2) 9, 2, 1, 3
Absolute
Absolute
Data Mean Difference
Data Mean
Value
Difference
Value

Name:L153Mean Absolute DeviationFind the mean absolute deviation of each set of data. Round your answer

Answers

Answer:

amen

Step-by-step explanation:

amen you shall pass

-14 < 3 + 1 < 13 answer inequality

Answers

Answer: -14 < 1 < 3< 13

Step-by-step explanation:

This is the order from the lowest to greatest

Conduct the hypothesis test and provide the test statistic and the critical​ value, and state the conclusion. A person drilled a hole in a die and filled it with a lead​ weight, then proceeded to roll it 200 times. Here are the observed frequencies for the outcomes of​ 1, 2,​ 3, 4,​ 5, and​ 6, respectively: 29​, 31​, 49​, 37​, 26​, 28. Use a 0.025 significance level to test the claim that the outcomes are not equally likely. Does it appear that the loaded die behaves differently than a fair​ die?

Answers

The loaded die appears to behave differently from a fair die.Based on the chi-square test, the loaded die does not exhibit equal probabilities for each outcome.

To test the claim that the outcomes of the loaded die are not equally likely, we can use the chi-square goodness-of-fit test. The null hypothesis (H₀) assumes that the outcomes are equally likely, while the alternative hypothesis (H₁) assumes that they are not equally likely.

Step 1: Set up hypotheses

H₀: The outcomes of the die are equally likely.

H₁: The outcomes of the die are not equally likely.

Step 2: Select the significance level

The significance level is given as 0.025, which means we have a two-tailed test and an alpha level of 0.025 for each tail.

Step 3: Compute the test statistic

We calculate the chi-square test statistic using the observed frequencies and the expected frequencies assuming equal probabilities for each outcome.

Expected frequencies (fair die):

1: 200/6 = 33.33

2: 200/6 = 33.33

3: 200/6 = 33.33

4: 200/6 = 33.33

5: 200/6 = 33.33

6: 200/6 = 33.33

Applying the chi-square formula, we get the test statistic:

χ² = ∑((observed - expected)² / expected)

Calculating this value, we get χ² ≈ 13.97.

Step 4: Determine the critical value

Since the significance level is 0.025 and the test is two-tailed, we divide the significance level by 2 to find the critical value associated with each tail. With 5 degrees of freedom (6 categories - 1), the critical value is approximately 11.07.

Step 5: Make a decision

The test statistic (13.97) is greater than the critical value (11.07), which leads us to reject the null hypothesis. Thus, we have evidence to suggest that the outcomes of the loaded die are not equally likely.

The loaded die appears to behave differently from a fair die.

In conclusion, based on the chi-square test, the loaded die does not exhibit equal probabilities for each outcome.

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6. Are the two triangles similar? How do you know? (1 point)
A.)no
B.)yes; by AA~
C.)yes; by SAS ~
D.)yes; by SSS ~

6. Are the two triangles similar? How do you know? (1 point)A.)no B.)yes; by AA~C.)yes; by SAS ~D.)yes;

Answers

Option C is correct

C.)yes; by SAS ~

Why let's see :-

First of all it's clearly visible that triangles are similar so there's no point even if thinking option A is correct.

There was possibility of option B but they haven't given that lines are parallel

Now as you can see GM = KM is equal but HM is not equal to jm

.°. Most appropriate option is c

Triangle ABC has sides a>b>c. If one of the angles is 60 degrees, name the angle that can be equal to 90 degrees.

Answers

Answer:

angle b

Step-by-step explanation:

let's assume the triangle is a right angle triangle . either angle a or c can be equal to 60 degree

Can someone please help meeeee, I have 2 hours remaining

Can someone please help meeeee, I have 2 hours remaining

Answers

The number of mosquitoes will be increased by 5 inches of rain.

Maximum mosquito population = 25000

solution :

We are given the following in the question:

M(x) = 10x - x²

where M(x) denotes the number of mosquitos in millions and x denotes the amount of rainfall in inches.

To begin, we differentiate M(x) with respect to x, yielding

d(M(x)) /dx = d(10x - x²) /dx = 10 -2x

When we set the first derivative to zero, we get

d(M(x)) /dx = 0

10 - 2x = 0

x = 5

We get the same result when we differentiate M(x) with respect to x:

d²(M(x)) / dx² = -2

d²(M(x)) / dx² < 0

As a result of the double differentiation test, the maxima for M(x) occur at x = 5.

when the rainfall is 5 inches, the most mosquitoes are present.

Maximum mosquito population:

M(5) = 10(5) - (5)² = 25

As a result, the maximum number of mosquitos is 25000.

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A 12 cm by 12 cm square piece of paper has 5 holes punched out of it. 4 of the holes are circles of radius 3 cm and 1 of the holes is a circle of radius 1 cm. The paper and punched holes can be visually interpreted as below. Determine the area of paper remaining after the holes have been punched out.

A 12 cm by 12 cm square piece of paper has 5 holes punched out of it. 4 of the holes are circles of radius

Answers

5 holes have been punched into a 12 cm by 12 cm square piece of paper. The area of remaining paper will be 27.714 cm².

Firstly, we will calculate the area of the square of paper in which the holes are punched.

Side of square = 12 cm

Area of square = side²

= (12) ²

= 144 cm²

Now, we will calculate the area of the bigger punch holes

Radius of big punch hole = 3 cm

Area of 1 big punch = π (radius) ²

= 22/7 × (3)²

22 / 7 × 9

= 198 / 7 cm²

Area of 4 punches = 4 × 198/7

= 792/7 cm²

Now, we will calculate the area of smaller punch whose radius is 1cm

Area = 22/7 × 1²

= 22/7 cm²

Now, we will calculate the total area covered by circles

Total area covered by circles = area of small punch + area of 4 big punch

= 22/7 + 792/7

= 814 /7 cm²

Remaining area = area of square - area of circles

= 144 - 814/7

= (1008 - 814) / 7

= 194 / 7

= 27.714 cm²

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f(x)= a(x+p)² +q and g(x)= 0 3 3.1 x + p 1. The turning point of f is (1;4) and the asymptotes of g intersect at the turning point of f. Both graphs cut the y-axic at 3. 3.2 3.3 3.4 a 10 g +94 (1:4) Determine the equation of f Determine the equation of g Determine the coordinates of the x-intercept of g For which values of x will f(x) ≥ g(x)? [9]​

Answers

Step-by-step explanation:

Let's solve the given questions step by step:

1. Determine the equation of f:

From the given information, we know that the turning point of f is (1, 4). The general form of a quadratic function is f(x) = ax^2 + bx + c. We are given that f(x) = a(x + p)^2 + q, so let's substitute the values:

f(x) = a(x + p)^2 + q

Since the turning point is (1, 4), we can substitute x = 1 and f(x) = 4 into the equation:

4 = a(1 + p)^2 + q

This gives us one equation involving a, p, and q.

2. Determine the equation of g:

The equation of g is given as g(x) = 0.3x + p1.

3. Determine the coordinates of the x-intercept of g:

The x-intercept is the point where the graph of g intersects the x-axis. At this point, the y-coordinate is 0.

Setting g(x) = 0, we can solve for x:

0 = 0.3x + p1

-0.3x = p1

x = -p1/0.3

Therefore, the x-intercept of g is (-p1/0.3, 0).

4. For which values of x will f(x) ≥ g(x)?

To determine the values of x where f(x) is greater than or equal to g(x), we need to compare their expressions.

f(x) = a(x + p)^2 + q

g(x) = 0.3x + p1

We need to find the values of x for which f(x) ≥ g(x):

a(x + p)^2 + q ≥ 0.3x + p1

Simplifying the equation will involve expanding the square and rearranging terms, but since the equation involves variables a, p, and q, we cannot determine the exact values without further information or constraints.

To summarize:

We have determined the equation of f in terms of a, p, and q, and the equation of g in terms of p1. We have also found the coordinates of the x-intercept of g. However, without additional information or constraints, we cannot determine the exact values of a, p, q, or p1, or the values of x for which f(x) ≥ g(x).

Find the slope of the line graphed below.

Find the slope of the line graphed below.

Answers

Answer:

slope = 3/8

Step-by-step explanation:

slope is rise over run

use the points (-4,1) and (4,4)

going up 3 and over 8 will connect you to the other point

How many times can 1/5 go into nine

Answers

Answer:

1.8

Step-by-step explanation:

Find the equation in standard form of the circle with center at (4, −1) and that passes through the point (−4, 1).

Answers

Answer:

The standard form of the equation of a circle with center at (h, k) and radius r is:

(x - h)^2 + (y - k)^2 = r^2

We are given that the center of the circle is (4, -1), so h = 4 and k = -1. We also know that the circle passes through the point (-4, 1), which means that the distance from the center of the circle to (-4, 1) is the radius of the circle.

The distance between two points (x1, y1) and (x2, y2) is given by the distance formula:

d = sqrt((x2 - x1)^2 + (y2 - y1)^2)

So the radius of the circle is:

r = sqrt((-4 - 4)^2 + (1 - (-1))^2) = sqrt(100) = 10

Now we can substitute the values of h, k, and r into the standard form equation of a circle:

(x - 4)^2 + (y + 1)^2 = 10^2

Expanding the equation gives:

x^2 - 8x + 16 + y^2 + 2y + 1 = 100

Simplifying and putting the equation in standard form, we get:

x^2 + y^2 - 8x + 2y - 83 = 0

Therefore, the equation in standard form of the circle with center at (4, −1) and that passes through the point (−4, 1) is:

x^2 + y^2 - 8x + 2y - 83 = 0

This year you earned $75,500. Last year you earned $72,400. What was the rate of change on your earnings since last year

Answers

Answer:

4.28%

Step-by-step explanation:

We Know

Last year you earned $72,400

This year you earned $75,500

What was the rate of change in your earnings since last year?

We Take

(75,500 ÷ 72,400) x 100 ≈ 104.28%

Then We Take

104.28 - 100 = 4.28%

So, the earning increased by about 4.28%.

What does a residual value of –0.8 mean in reference to the line of best fit?

The given point is 0.8 units above the line of best fit.
The given point is 0.8 units below the line of best fit.
The line of best fit is not appropriate to the data.
The line of best fit has a slope of 0.8.


Which equation represents the approximate line of best fit for data, where x represents font size and y represents the number of words on one page?

y = –55x + 407
y = –41x + 814
y = –38x + 922
y = –26x + 723

Answers

Answer: A residual value of –0.8 means that the given point is 0.8 units above the line of best fit.

The equation that represents the approximate line of best fit for data, where x represents font size and y represents the number of words on one page is:

y = –38x + 922.

Therefore, the answer is y = –38x + 922.

Step-by-step explanation:

Jared's class took a survey to see how many students owned a trampoline. Of the 24 students in the class, 14 students said they owned a trampoline. If you chose a student at random from Jared's class, what is the probability that the student does not own a trampoline?

Answers

The  probability that the student does not own a trampoline is given by the relation P ( A' ) = 5/12

Given data ,

Let the probability that the student does not own a trampoline be P ( A ' )

Given that there are 14 students who own a trampoline out of 24 students in total, the probability of owning a trampoline is 14/24. Therefore, the probability of not owning a trampoline is:

1 - 14/24 = 10/24 = 5/12

So, the probability that a student chosen at random from Jared's class does not own a trampoline is 5/12

Hence , the probability is 5/12

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Which of the following points are in the third quadrant of the xy-plane? Check
all that apply.

Which of the following points are in the third quadrant of the xy-plane? Checkall that apply.

Answers

Answer: D and E

Step-by-step explanation:

The x and y-values in the 3rd quadrant are both negative.

Remember this:

1st quadrant- x= + y= +

2nd quadrant- x= - y= +

3rd quadrant- x= - y= -

4th quadrant- x= + y= -

(Diversifying Portfolios MC)
worth points)
Name of Stock Symbol High Low Close
Stock A
105.19 103.25 103.38
Stock B
145.18 143.28 144.05
A
B
Last year, an investor purchase
difference in overall loss or ga
O The difference in overall gain is $207.00.
O The difference in overall loss is $207.00.
O The difference in overall loss is $200.70.
O The difference in overall gain is $200.70.
shares of stock A at $90 per share and 75 shares of stock B at $145 per share. What is the
ween selling at the current day's high price or low price?

Answers

The difference in overall gain between selling stock A at the current day's high price or low price and selling stock B at the current day's high price or low price is $239.50.

To determine the difference in overall gain or loss between selling stock A at the current day's high price or low price and selling stock B at the current day's high price or low price, we need to calculate the selling prices of the stocks.

Stock A:

High price = $105.19

Low price = $103.25

Close price = $103.38

Stock B:

High price = $145.18

Low price = $143.28

Close price = $144.05

The investor purchased 50 shares of stock A at $90 per share and 75 shares of stock B at $145 per share.

To calculate the selling prices, we need to multiply the number of shares by the respective selling price.

Selling price of stock A at the high price: 50 shares \(\times\) $105.19 = $5,259.50

Selling price of stock A at the low price: 50 shares \(\times\) $103.25 = $5,162.50

Selling price of stock B at the high price: 75 shares \(\times\) $145.18 = $10,888.50

Selling price of stock B at the low price: 75 shares \(\times\) $143.28 = $10,746.00

Now, let's calculate the difference in overall gain or loss:

Difference in overall gain = Selling price at the high price - Selling price at the low price

= ($5,259.50 + $10,888.50) - ($5,162.50 + $10,746.00)

= $16,148.00 - $15,908.50

= $239.50

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please help me with this thank you

please help me with this thank you

Answers

(9) The slope of a line perpendicular to the line, f(x) = 0.75x + 6 is - 4/3.

(10) The slope of a line parallel to this line, y = 10 -8x is -8.

What is the slope of a line perpendicular to the line?

The slope of a line perpendicular to the line is the negative reciprocal of the slope of the line equation.

Question 9.

f(x) = 0.75x + 6

where;

0.75 is the slope of the line6 is the intercept

The slope of a line perpendicular to this line = -1/0.75 = -100/75 = -4/3

Question 10.

For the equation of another line, y = 10 - 8x

The slope of a line parallel to this line is equal to the slope of this line and it is calculated as follows;

y = 10 - 8x

where;

-8 is the slope10 is the y intercept

slope of a line parallel to the line = -8

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A computer services company has 15,000 programmers worldwide, of which 3% are women. During
the recession, only male programmers were laid off. After the lay-off, 5% of the programmers were
women. How many men were laid off?

Answers

3% = w/15000

w = 3% * 15000

5% = w/(15000-l)

l = 15000 - 3/5(15000)

l = 2/5 * 15000

l = 6000 men were laid off

what are the ways to name the plane Q?

what are the ways to name the plane Q?

Answers

9514 1404 393

Answer:

  (f) Plane CEA or Plane CAD

Step-by-step explanation:

The name must include three points that are in the plane and not all on the same line. That is, the name will not include either of points B or F, and must include point C. The only names listed that are appropriate are ...

  Plane CEA or Plane CAD

Sketch the parabola, clearly labelling the points corresponding the vertex, x-intercepts and y-intercepts: (leave the vertex values in the form of a fraction). This may also help with 8a, remember that we want to use graphs to solve non-linear inequalities.
y=6x^2-17x+12

Sketch the parabola, clearly labelling the points corresponding the vertex, x-intercepts and y-intercepts:

Answers

We kindly invite to see the image attached below to know the representation of the parabola according to its features.

How to graph a parabola

A parabola is the graphic representation of any quadratic equation, that is, a polynomial of the form y = a · x² + b · x + c, where a, b, c are real coefficients. An alternative presentation is the vertex form:

y - k = C · (x - h)²

Where:

C - Vertex constanth, k - Coordinates of the vertex.

The procedure to sketch the parabola according to its features is described below:

Determine the y-intercept.Determine the x-intercepts.Determine the coordinates of the vertex.Add the points on Cartesian plane.Match the points by a single curve.

Step 1 - Determine the y-intercept:

y = 6 · 0² - 17 · 0 + 12

y = 12

Step 2 - Determine the x-intercepts.

6 · x² - 17 · x + 12 = 0

6 · [x² - (17 / 6) · x + 2] = 0

6 · (x - 3 / 2) · (x - 4 / 3) = 0

x = 3 / 2 or x = 4 / 3

Step 3 - Determine the coordinates of the vertex:

y = 6 · x² - 17 · x + 12

y = 6 · [x² - (17 / 6) · x + 2]

y + 6 · (1 / 144) = 6 · [x² - (17 / 6) · x + 2 + 1 / 144]

y + 1 / 24 = 6 · [x² - (17 / 6) · x + 289 / 144]

y + 1 / 24 = 6 · (x - 17 / 12)²

(h, k) = (17 / 12, - 1 / 24)

Steps 4 & 5 - Add the points on Cartesian plane and match the resulting curve.

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Sketch the parabola, clearly labelling the points corresponding the vertex, x-intercepts and y-intercepts:

PLZ HELP
I WILLMARKE YOU BRILL

PLZ HELPI WILLMARKE YOU BRILL

Answers

Answer:

1. Mode = 7

2. Range = 8

Step-by-step explanation:

The following set of data were obtained from the question:

4, 6, 5, 9, 3, 2, 7, 7, 1, 8

Mode =?

Range =?

1. Determination of the mode of the data.

Mode is simply defined as the mark (score) with the highest frequency. Thus we can obtain the mode as follow:

Scores >>>>>>> Frequency

4 >>>>>>>>>>>> 1

6 >>>>>>>>>>>> 1

5 >>>>>>>>>>>> 1

9 >>>>>>>>>>>> 1

3 >>>>>>>>>>>> 1

2 >>>>>>>>>>>> 1

7 >>>>>>>>>>>> 2

1 >>>>>>>>>>>> 1

8 >>>>>>>>>>>> 1

From the above illustration, we can see that the mark 7 has the highest frequency. Therefore, 7 is the mode of the data .

2. Determination of the range of the data.

Range of a given data is simply obtained by calculating the difference between the highest and the lowest score. The range can be obtained as follow:

Highest score = 9

Lowest score = 1

Range = Highest – Lowest

Range = 9 – 1

Range = 8

3. Tell whether each statement is true or false Explain how you know a) LCM (7, 18) - LCM (14.18) b) LCM (5,8) - LCM (10,8) c) The GCF of any two prime numbers is 1 and the number itself.​

Answers

Step-by-step explanation:

ok for a. the both are 126

and for b. the both are 30

for c. i believe its true

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