O-LevelCommerceInsuranceMay/June 2022Paper 1 Q291 Mark

A government has published last year's figures for burglaries. regions number of burglaries per 1000 homes north 35 south 3 east 9 west 22 This information is useful to insurance companies in this country because it helps them to

Q: What topic does this question test?

This question tests Insurance in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Acalculate the premiums they charge for household insurance.

Bcalculate their costs for household insurance.

Cdecide in which region to locate their headquarters.

Ddecide in which regions to offer public liability insurance.

✓ Correct Answer

The correct answer is A: calculate the premiums they charge for household insurance.

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Insurance in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce May/June 2022 examination, Paper 1 Variant 2.

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