A Motorcycle Insurance Company Evaluates Many Numerical Variables About a Person

question 167

Short Answer

A motorcycle insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for motorcycle insurance.How long a person has been a licensed rider is an example of a(n)____________________ random variable.

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Definitions:

Objective Power

The ability to influence others or affect outcomes based on one's position or resources, independently of personal characteristics.

Hire

The act of giving someone a job or employing them to perform specific duties in exchange for compensation.

Fire Employees

The act of terminating an employee's contract, removing them from their position within a company.

Accomplishments

Achievements or completions of tasks, often requiring skill, hard work, or effort.