Standardized Insurance Policies Make It Easier to Calculate an Insurance

question 45

True/False

Standardized insurance policies make it easier to calculate an insurance rate than do non-standardized policies.

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Definitions:

Following Distance

The space between two vehicles, often referenced in driving to ensure safety.

Classical Conditioning

An educational process that happens by linking an external stimulus with a naturally occurring one.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Social Learning Theory

A theory that proposes people learn new behaviors through observation and imitation of others, reinforced by external rewards or punishments.