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SCENARIO 2-1 An Insurance Company Evaluates Many Numerical Variables About a Person

question 66

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SCENARIO 2-1
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.
SCENARIO 2-1 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 Scenario 2-1,how many drivers are represented in the sample? A) 5 B) 15 C) 18 D) 50
-Referring to Scenario 2-1,how many drivers are represented in the sample?


Definitions:

Mills Company

A general term for businesses involved in the manufacturing sector, particularly those related to textiles, grains, or paper production.

Parallelism

A writing or speaking technique where parts of a sentence have the same or similar grammatical structure.

Production Facilities

Industrial sites or buildings where goods are manufactured or assembled.

Consumer Demands

The needs or desires of consumers for products or services that drive the market demand.

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