There are several important things for an actuary to consider when setting the premium rates. They make projections of the future costs and they base these projections on historical results‚ probabilistic models‚ and their own judgments. Actuaries must consider different risk pools and make the premiums fair to all. For instance‚ they can consider statistically how likely a driver is to get into a car accident with several speeding tickets versus a driver with none. In order to use the predictability
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and how to get there. It’s the art of developing and implementing specific actions and decisions that will help a business to achieve goals and objectives as set out by the owners. Through the strategy process the overall direction of the company is set including opportunities and threats in the outside world and the internal strengths and weaknesses of the business. The aim of a business strategy is to ensure that the threats posed by the external environment are minimized and also to strengthen or
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is unification so integral and important in the development of the earliest dynasty in China? Unification is important and integral in the development of the earliest dynasty because it could gain control over the rest of China and also to recover from the Mandate of Heaven. Also‚ they saw this as a reason for their empires to be more stable which means there are fewer wars to happen. They could also see this as a chance of becoming a prosperous nation when it comes to the economic side of the unification
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God as the basic symbol of faith‚ are very important. Communion sacraments used during Catholic mass are bread (or wafer) and wine. The bread represents His body and the wine the blood of Jesus; and through the act of transubstantiation by a priest‚ parishioners believe they actually become the blood and body of Christ. When Bishop Barron says‚ “Live in me‚ remain in me‚ eat my body‚ and drink the blood of me” he is speaking for Christ. But even more so than communion‚ Barron believes that the church
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What makes ASE certification so important? To start off to be ASE certified is like being a Medical Doctor. ASE Certifications are presented to technicians in order to be identified as a skillful and competent individual. You wouldn’t want to go to the Doctors and have surgery performed on you knowing that the surgeon isn’t qualified highly enough would you? This is a thought some may be thinking when pertaining to their vehicles. If your vehicle is causing you issues and further concerns‚ wouldn’t
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Smith entered the University of Glasgow when he was fourteen and studied moral philosophy under Francis Hutcheson.[7] Here‚ Smith developed his passion for liberty‚ reason‚ and free speech. In 1740‚ Smith was awarded the Snell exhibition and left to attend Balliol College‚ Oxford.[8] Smith considered the teaching at Glasgow far superior to that at Oxford‚ which he found intellectually stifling.[9] In Book V‚ Chapter II of The Wealth of Nations‚ Smith wrote: "In the University of Oxford‚ the greater
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Mockingbird‚ Atticus is consistently teaching his children to love others by showing them respect. In the beginning of the novel‚ Atticus teaches Scout to put herself into other people’s shoes to gain an understanding of their lives. "You never really understand a person until you consider things from his point of view‚ until you climb in his skin and walk around in it". He teaches the children to respect the Radley family‚ as they have been unjustly judged by the citizens of Maycomb. Through Atticus’ defence
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it was a novelty in the United States at the end of World War II‚ television became an important part of American life during the first postwar decade. Fewer than one out of ten American homes had television in 1950. Five years later the proportion had grown to two-thirds. New stations quickly took to the air and such networks. For the First time in history‚ political debates‚ issues‚ and other such important issues were capable of being broadcasted nationwide for the American people to view.
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weighted average cost of capital (WACC) to be 8.3%. I find error in this calculation as a result of the following points of disagreement: a) Weighting of Capital Structure: Use of book values of capital rather than the market values b) Cost of Debt Calculation: Incorrect method for calculating debt c) Tax Rate: Use of a tax rate derived from the summation of state and statutory taxes instead of the firm’s marginal tax rate 2. Revised Calculation of WACC: WACC reflects the weighted average
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Did you ever wonder how did something like the popsocket get created? Well did you know that the popsocket was a bizarre invention‚ and there are many more like it. Some of them are accidental‚ the world is now more useful thanks to these accidental and bizarre inventions. Thanks to these inventions things are a lot better. Some inventions can be created with just one simple accident. The inventor has to build something that can be useful to the world. What can an inventor do to ensure success?
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