An Insurance Company Evaluates Many Numerical Variables About a Person

question 72

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 numerical variable.

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Definitions:

Psychological Control

A form of manipulation that seeks to influence another person's behavior or emotional state through psychological means.

Psychological Control

The ability of an individual to regulate their thoughts, feelings, and behaviors in order to achieve personal goals or maintain psychological well-being.

Ethnic Minority Adolescents

Young individuals belonging to racial or ethnic groups that are not the majority in their society, often facing specific cultural, social, and economic challenges.

Majority Group

A social group that controls the majority of economic, political, and social resources, often exerting power over minority groups.