An Auto Insurance Company Evaluates Many Numerical Variables About a Person

question 228

Short Answer

An auto 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(n)____________________ random variable.

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Definitions:

LEO

Stands for Low Earth Orbit, a satellite's orbit relatively close to Earth's surface, typically at altitudes less than 2,000 kilometers, used for telecommunications, military, and observation purposes.

MEO

Medium Earth Orbit, referring to satellites that orbit the earth at altitudes in a range typically between 2,000 and 35,786 kilometers, used for communications, navigation, and earth observation.

VEO

An acronym that requires specification for an accurate definition as it could stand for various concepts depending on the context.

Orbital Life

The concept of living and working in space in orbit around Earth or another celestial body.