Uncertainity - Study guides, Revision notes & Summaries

life insurance insurance that pays to a named beneficiary or the deceased's estate upon the death of the insured,may b annuity or endowment, may incl benef for accident death/dismemberment, disability, protects against risk pf premature death which exposes a finNcial riskto family or business. ie:burial expenses, pay debts, loss of family inc/business profits insurance content that indemnifies another against loss, damage, liab arising from unknown event indemnify make a person...

Risk - ANSWER-Uncertainty concerning the occurrence of a loss Loss exposure - ANSWER-any situation or circumstance in which a loss might occur (regardless of if it happens or not) - ex: When we think about if we might get sick.. my body is the exposure. If I have a business and 10 buildings.. My buildings are exposures. Objective risk - ANSWER-relative variation of actual loss from expected loss. Law of large numbers - ANSWER-as the # of exposures increases the more closely the actual ...

Length - ANSWERmeter (m) Mass - ANSWERkilogram (kg) Time - ANSWERsecond (s) Temperature - ANSWERKelvin (K) Amount of Substance - ANSWERmole (mol) Electric Current - ANSWERampere (A) Luminous Intensity - ANSWERcandela (cd) Standard Platinum-Iridium Cylinder - ANSWERthe mass is defined by an artifact ( Standard Platinum-Iridium Cylinder ) Derived Units - ANSWERa combination of basic units Liter (L) 1 L = 1000 cm3 Significant Figures - ANSWERrepresents the precision in ...

Globalization correct answer: the process through which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of economies and societies How do major international institutions facilitate globalization? correct answer: help transmit information, enforce contracts/property rights, promote market competition Why is it important for political leaders and institutions to be transparent in responding to global competition? correct answer: social unr...

Length - ANSWERmeter (m) Mass - ANSWERkilogram (kg) Time - ANSWERsecond (s) Temperature - ANSWERKelvin (K) Amount of Substance - ANSWERmole (mol) Electric Current - ANSWERampere (A) Luminous Intensity - ANSWERcandela (cd) Standard Platinum-Iridium Cylinder - ANSWERthe mass is defined by an artifact ( Standard Platinum-Iridium Cylinder ) Derived Units - ANSWERa combination of basic units Liter (L) 1 L = 1000 cm3 Significant Figures - ANSWERrepresents the precision in ...

Cpl's Course: Intro to Warfighting verified/passedWar - correct answer -War is us trying to impose our interest on them through violent means. -War is a violent clash of interests between organized groups characterized by the use of military force. -MCDP-1 definition-The essence of war is a violent struggle between 2 hostile, independent, irreconcilable will, each trying to impose itself on the other. Friction - correct answer -Clash between 2 opposing wills -Internal friction is s...

TIP - qualitative vs Quantative risk analysis After risks have been identified, you'll need to assess them. In an ideal world, you'd also want to analyze each and every one of them. The reality is, you don't have that kind of time. So, you'll have to develop a way to prioritize risks. Only those risks with the highest priority will be analyzed. There are two risk analysis processes: Perform Risk Qualitative Analysis and Perform Risk Quantitative Analysis. Generally speaking, qualitative ...

life insurance - ANSWERSinsurance that pays to a named beneficiary or the deceased's estate upon the death of the insured,may b annuity or endowment, may incl benef for accident death/dismemberment, disability, protects against risk pf premature death which exposes a finNcial riskto family or business. ie:burial expenses, pay debts, loss of family inc/business profits insurance - ANSWERScontent that indemnifies another against loss, damage, liab arising from unknown event indemnify - ANSW...

Technology Project Management Mid-Term Chapters 1-5 Rated A+ According to PMI, Project Management is the application of knowledge, ______, tools, and techniques to meet project requirements. ️Skills According to Meredith and Mantel, a project should meet or _____ the expectations of the client. ️Exeed The project scope is the ____ required to complete the project successfully. ️Word/Document According to PMI, all projects are _______ and undertaken to create a product or servi...

ECS4862 EXAM PREPARATION STUDY NOTES AND SOLUTIONS FOR PAST PAPERS 2021. Unit 1. Choice Under Uncertainty. Consumers and managers make decisions in which there is uncertainty about the future. UNCERTAINITY is characterized by the term risk, which applies when each of the possible outcomes and its probability of occurrence is known. RISK implies future uncertainty about deviation from expected earnings or expected outcome. Risk measures the uncertainty that an investor is willing to take to...