menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Basic Business Statistics Study Set 3
  4. Exam
    Exam 1: Defining and Collecting Data
  5. Question
    An Insurance Company Evaluates Many Numerical Variables About a Person
Solved

An Insurance Company Evaluates Many Numerical Variables About a Person

Question 40

Question 40

Short Answer

An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.A person's age is an example of a numerical variable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: The classification of student major (accounting,economics,management,marketing,other)is an

Q36: Measurement error will become an ethical issue

Q37: In purchasing an automobile,there are several variables

Q38: The question: "How much did you earn

Q39: For a population frame containing N =

Q41: SCENARIO 1-3<br>The manager of the customer service

Q42: The possible responses to the question "How

Q43: The number of defective apples in a

Q44: SCENARIO 1-2<br>A Wall Street Journal poll asked

Q45: A sample of 300 subscribers to a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines