SOFTWARE ENGINEERING ETHICS AND PROFESSIONAL PRACTICES
ETHICAL AND PROFESSIONAL ISSUES IN SOFTWARE ENGINEERING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
.... is determined by currently available data, as measured actuarially for insurance premiums.
|
|
Projected risk
|
|
|
Statistical risk
|
|
|
Perceived risk
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -Actuarial risk refers to the risk that the assumptions actuaries implement into models used to price specific insurance policies may prove to be inaccurate or wrong. Possible assumptions include the frequency of losses, the severity of losses, and the correlation of losses between contracts.
Detailed explanation-2: -actuary, one who calculates insurance risks and premiums.
Detailed explanation-3: -The actuary will apply statistical methods, risk theory and external trends such as inflation in order to calculate premiums within groupings of clients sharing predictive attributes of risk.
There is 1 question to complete.