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An Insurance Company Evaluates Many Numerical Variables About a Person

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An 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 numerical variable.

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Definitions:

Ownership

The state or fact of exclusive rights and control over property, which can be an object, land/real estate, or intellectual property.

Dividend Growth Model

A method for valuing a stock by using predicted dividends and discounting them back to present value.

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