An Insurance Company Evaluates Many Numerical Variables About a Person

question 36

Short Answer

An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. How long a person has been a licensed driver is an example of a(n)______ numerical variable.

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Definitions:

Intrinsic Motivation

is the internal drive to perform an activity for its own sake, deriving pleasure and satisfaction from the activity itself rather than external rewards.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, rather than for the inherent enjoyment of the activity itself.

Emotional Regulation

The skill of handling and reacting to feelings in a constructive and beneficial way.

Emotional Regulation

The ability to manage and respond to an emotional experience in a healthy and productive manner.