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TABLE 2-2 An Insurance Company Evaluates Many Numerical Variables About a Person

question 184

Multiple Choice

TABLE 2-2
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. A representative from a local insurance agency selected a random sample of insured drivers and recorded, X, the number of claims each made in the last 3 years, with the following results.
TABLE 2-2 An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. A representative from a local insurance agency selected a random sample of insured drivers and recorded, X, the number of claims each made in the last 3 years, with the following results.    -Referring to Table 2-2, how many total claims are represented in the sample? A)  15 B)  50 C)  111 D)  250
-Referring to Table 2-2, how many total claims are represented in the sample?


Definitions:

Secondary Circuit

In brake systems refers to the following circuit in the system usually actuated by the primary circuit. In hydraulic brake systems on straight trucks, this is usually the rear brake circuit, whereas on large trucks with air brakes, it refers to the brakes on the steering axle wheels.

Relay Valve

A component in pneumatic systems that speeds up the build-up and release of air pressure in brake systems, ensuring faster response times.

Tractor Drive Axle Brakes

These are the braking systems specifically designed for the drive axles of a tractor, playing a critical role in the overall braking performance and safety of the vehicle.

Wheel Seal

A device used to seal the gap between the wheel and the axle, preventing contamination and leakage of lubricants, thus protecting the bearing.

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