2. What did Andrew Carnegie believe some people succeed in business and others don't? - The business
Question:
2. What did Andrew Carnegie believe some people succeed in business and others don't?
- The business world selects for people with natural talent.
- The business world selects for people who get lucky opportunities.
3. The main difference between Value at Risk and Stress Testing is:
- Value at Risk takes a non-statistical approach, as opposed to Stress Testing.
- Stress Testing takes a non-statistical approach with its scenarios analysis.
4. According to the Capital Asset Pricing Model (CAPM), a security with:
- An alpha of zero is able to generate a return which greater than the market return.
- A positive alpha is considered underpriced, since the security outperforms the market.
6. If an insurance company has 10000 policies, and each has 0.1 probability of making a claim, what is the standard deviation of the fraction of policies which result in a claim?
Enter answer here
7. Why was the National Association of Insurance Commissioners created?
- To suggest laws that would decrease the complexity of insurance regulation.
- To suggest laws that would strengthen the insurance industry
Organizational Behaviour Concepts Controversies Applications
ISBN: 978-0132310314
6th Canadian Edition
Authors: Nancy Langton, Stephen P. Robbins, Timothy A. Judge, Katherine Breward