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Home Q & A Board Other Fields Homework Help Business Insurance
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keyone keyone
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7 years ago
Which of the following statements about the confidence interval is not correct?
A) A confidence interval is based on the outcomes of the probability distribution.
B) A confidence interval is calculated by adding and subtracting the standard deviation to/from the estimate of mean expected loss.
C) A confidence interval tells the insurer something about the size of the risk pool.
D) A confidence interval tells the insurer something about how much money it needs to cover potential losses.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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7 years ago
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keyone Author
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