Question
Four dice are rolled simultaneously. What is the number
of possible outcomes in which at least one of the die shows 2?Solution
In a single roll of dice, there are 6 numbers i.e. 1, 2, 3,4,5,6. Total possible outcomes in rolling 4 dices= 6× 6 ×6×6 = 1296 & the cases without showing 2 number (means every dice will show number 1, 3,4,5,6 only) = 5× 5×5×5 = 625 So no. of possible outcomes in which at least one of the die shows number 2 = Total Possible outcomes – cases without showing 2 number = 1296 – 625 = 671
What is a form of non-proportional reinsurance?
How does a "hard market" typically begin?
The section of the policy that outlines what is NOT covered is called:
The 'Policy Document' in motor insurance is a legal document that:
An insurance cover that is linked with credit activities and aims to protect the credit is called?
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?
_____ is the length of time after a premium is due and unpaid during which the policy, including all riders, remains in force.
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
Which among the following is not a characteristic of ethical behaviour?Â
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.