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?
Definitions:
Corporate Accountability
Refers to a company's responsibility towards its stakeholders, including consumers, employees, and the community, to operate in a transparent, fair, and ethical manner.
Impact Investing
An investment strategy focused on generating positive, measurable social and environmental impact alongside a financial return.
Preliminary Research
Initial investigations or studies conducted to gather basic information before embarking on a more detailed project or research.
Secondary Research
The collection and analysis of existing research and data, as opposed to conducting original experiments or surveys.
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