Private Law
Law of Persons
Private Law
regulates relations between individuals as private
persons and all the parties within this law are
considered equal to each other-at least legally.
Branches of private law:
Civil law-including law of persons + family

Chapter 16
Fundamentals
of Life Insurance
AGENDA
Premature
Death
Amount of Life Insurance to Own
Types of Life Insurance
Variations of Whole Life Insurance
Other Types of Life Insurance
PREMATURE DEATH
Premature death can be defined as the death of a

PART I: Multiple Choice Questions
Sample Questions Chapter 16
1-The following statement about an ordinary life insurance policy are true EXCEPT:
a. Premiums are level through the policy period
b. The face amount of the policy is paid up if the insured liv

Macroeconomics, 11e (Gordon)
Chapter
2
The Measurement of Income, Prices, and Unemployment
3)
GDP can be measured by the
A)
total value of all sales in the economy.
B)
total market value of final goods and services produced in the economy.
C)
total value

Macroeconomics, 11e (Gordon)
Chapter
4
Monetary and Fiscal Policy in the IS-LM Model
6)
The economy is in short-run equilibrium
A)
at any point on the IS curve.
B)
only at the natural level of GDP.
C)
at any point on the LM curve.
D)
only at a point that

Macroeconomics, 11e (Gordon)
Chapter
3
Spending, Income, and Interest Rates
Figure 3-1
7)
Employing Figure above, autonomous consumption expenditures are _, and the marginal
propensity to consume is _.
A)
200; 0.75
B)
500; 1
C)
200; 0.60
D)
0; 1
8)
As use

Macroeconomics, 11e (Gordon)
Chapter 1
What Is Macroeconomics?
1)
Macroeconomics is the study of
A)
the economic issues which affect individual well being and individual firms' profit levels.
B)
the economic issues which affect foreign and domestic prices

Case Study 1
Life Insurance - Karen, 38
Karen was a 38-year-old office manager, working for a manufacturing company. Two years earlier, she
and her husband had divorced, leaving her with a mortgage and sole responsibility for the care of her
14-year-old

INSU330 Assignment # 1
Review Questions:
Question 1.a. What is the difference between peril and hazard?
b. Define physical hazard, moral hazard, attitudinal hazard, and legal hazard. Give an example
for each type.
Question 2. List the major types of pure

EASTERN MEDITERRANEAN UNIYERSITY
FACULTY OF BUSINESS AND ECONOMICS
DEPARTMENT OF ECONOMICS
STAT202 - Final Exam. 2012-2013 Spring Semester
Krv
Student Name : .
StudentNo. :.
Time Allowed: 120 minutes
10.6.2013
Instructors: Cem Payashoflu (GRl) Giilcay Tun

Chapter 12 - Solutions to Some Tutorial Questions
P/416 Q.5
Solution:
Step 1:
Ho: 12 22
H1: 12 22
Step:2
= 0.10
For a 2-tail test use
/2 = 0.10/2= 0.05
Step:3 Use F-test . Df. For the numerator = nw-1= 12 1 = 11
Df. For the denominator = nm -1= 10-1=9
R

STAT 202 QUIZ
1
B
job showed that it took 13 weeks for them
A recent survey of 25 executives who lost their
a95%
find another job. The standard deviation of the sample was 3 weeks' Construct
confidence interval for the population mean' ls it re
to
mean is

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ude there is a difference in the mean
Analysis of Variance
Sou

Chapter 13 - Solution to Some Problems
P/471 Q.4
Solution:
Yes, as the number of assemblers increases, so does the production.
Producti on
a)
b.
40
30
20
10
0
0
1
2
3
4
5
6
Asse mble rs
c.
X
X X Y Y X X
Y
2
4
1
5
3
15
25
10
40
30
-1
1
-2
2
0
15 120
X
15

CHAPTER 17 - Solutions to Tutorial Problems
P/654 Q.5
Solution:
Step 1: Ho: The outcomes are the same
H1: The outcomes are not the same
Step 2:
Note: The question of interest is whether die is
fair. If the die is fair every number should
appear equal numb

CHAPTER 17 - Solutions to Tutorial Problems
P/654 Q.5 (15th edition)
Solution:
Step 1: Ho: The outcomes are the same
H1: The outcomes are not the same
Step 2:
Note: The question of interest is whether die is
fair. If the die is fair every number should
ap

STAT202 QUIZ 1
22.3.2011
1) A recent study by the Los Angeles Taxi Drivers Association showed that the mean fare
charged for service from Hermosa Beach to Los Angeles International Airport is $18
and the standard deviation is $3.50. We select a sample of

The Book (15 edition) Chapter 17
Queston 9 Page 659.
a.
Reject Ho if 2 > 9.210
b.
(30 24) 2 (20 24) 2 (10 12) 2
2
2.50
24
24
12
c.
Do not reject Ho
Page 671. Question No 17.
Question is given in the book
Ho: There is no relationship between size and sec

STAT 202 QUIZ
1A
n using a sample of of 15 taxis showed that the mean
he city is S 18 and the population standard deviation is
a)
Test the hypothesis that the mean fare is 20 Dollars'
b) ttMmust
you assume to make
the'
ove calculation?
no"^*A
cfw_'P^-*'.*

Krv
STAT202
QUrZ3
1) A company
A
number:
name:
recorded its sales and the number of weeks its product is advertised on the daily
+3
Sales
No. of weeks
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c)
d)
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Chapter 13 - Solution to Some Problems
P/471 Q.4 (15th ed.)
Solution:
Producti on
a)
40
30
20
10
0
0
1
2
3
4
5
6
Asse mble rs
b.
Yes, as the number of assemblers increases, so does the production.
c.
X Y
X X Y Y X X 2 Y Y 2 X X Y Y
2
4
1
5
3
15
25
10
40

Chapter 12 - Solutions to Some Tutorial Questions
P/416 Q.5
Solution:
Step 1:
Ho: 12 22
H1: 12 22
Step:2
= 0.10
For a 2-tail test use
/2 = 0.10/2= 0.05
Step:3 Use F-test . Df. For the numerator = nw-1= 12 1 = 11
Df. For the denominator = nm -1= 10-1=9
R