Yes, if someone has a claim RIGHT NOW, they will probably look for another company that will accomodate them.
physical agility
You must complete three years of probationary service before tenure is granted by a New York State public school or BOCES school. There are two provisions that reduce the required three-year probationary period for teachers in New York State public schools: * Prior tenure in a NYS school district or BOCES reduces the probationary period to two years. * Up to two years of full-time substitute/temporary service of a semester or more in the tenure area with the employing district, immediately prior to the probationary appointment, may be credited toward probation. A probationary period may be reduced by one of the above provisions but not both.
In my understanding,I think we can reduce risk when we make loan to a family members as well as lowering a transaction cost to him/her.
There are a number of ways of reducing moral hazard and adverse selection in the insurance industry which arecompelling parties to disclose material information to each otherInvesting in better risk screening methodsoffering a menu of policies for the different risk typesdevote more effort to monitoringuse of deductibles, retrospective rating, experience ratingrequesting insured to prove insurable interest in subject matter of insurance
adverse weather
the strategy that will not help reduce selection bias is:
The adverse impact on an insurer when risks selected have a higher chance of loss than that contemplated by the applicable insurance rate. Also known as adverse selection. The selection of such risks is adverse because the rate is inadequate.In other word, tendency of people with significant potential to file claims wanting to obtain insurance coverage. For example, those with severe health problems want to buy health insurance, and people going to a dangerous place such as a war zone want to buy more life insurance. Companies employing workers in dangerous occupations want to buy more worker's compensation coverage. In order to combat the problem of adverse selection, insurance companies try to reduce their exposure to large claims by either raising premiums or limiting the availability of coverage to such applicants.
Almost all of the recent legislation in Banking was in some part made to reduce adverse selection. Federal Deposit Insurance Corporation Improvement Act of 1991 gave FDIC rights of corrective actions towards problem banks, and required riskier banks to pay higher insurance premiums. Also Dodd-Frank Bill 2010 had lots of regulaiton, like monitoring actions. The list of the most important legislation can be found here: http://www.fdic.gov/regulations/laws/important/index.html
selection
Selection has more power to reduce size (Number of rows) while projection can not reduce number of tuples
alternative treatments can help prolong a patient's life or at least improve quality of life, prevent recurrence of tumors, or prolong the remission period and reduce adverse reactions to chemotherapy and radiation.
Natural selection doesn't reduce variation. Variation is regulated by the rate of mutation.Natural selection reduces the chance of bad variation from being passed on and increases the chances for good variation to be passed on.