Question

How is a deterministic system defined in the context of MIS in insurance business?

a.

A system with certain degrees of error

b.

A system that operates predictably

c.

A system with minimal transparency

d.

A system that interacts with the environment

Answer: (b).A system that operates predictably Explanation:In the context of MIS in insurance business, a deterministic system is defined as a system that operates in a predictable manner, where the interaction among various departments and system parts, as well as its impact, is known with certainty.

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Q. How is a deterministic system defined in the context of MIS in insurance business?

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