Lead and Assistant Manager Interview Questions and Answers

Use PROC SORT and BY statement to remove duplicates in SAS

• Use PROC SORT to sort the dataset by the variables you want to check for duplicates

• Use the BY statement in PROC SORT to group the data by the variables you want to check for duplicates

• Use the nodupkey option in PROC SORT to remove duplicate observations based on the BY variables

Insurance is a financial product that provides protection against financial losses resulting from unexpected events.

• Insurance is a contract between an individual or organization and an insurance company.

• The individual or organization pays a premium in exchange for coverage against specific risks.

• Types of insurance include health, life, auto, home, and business insurance.

• Insurance helps mitigate financial risks and provides peace of mind in case of emergencies.

• Examples of insu...read more

Subrogation is the process by which an insurance company seeks reimbursement from the party at fault for a claim it has already paid out.

• Subrogation allows insurance companies to recover costs from responsible parties.

• It is commonly used in cases where a third party is liable for damages covered by an insurance policy.

• Subrogation can help prevent policyholders from double-dipping by receiving payments from both their insurance company and the responsible party.

• Examples includ...read more