True or False: an Insurance Company Evaluates Many Variables About

question 124

True/False

True or False: An insurance company evaluates many 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 100 insured drivers and recorded, X, the amount of claims each
made in the last 3 years.A Pareto chart can be used to present this information.

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Definitions:

Humor

The quality of being amusing or entertaining, often expressed through jokes or comical situations.

Verbal Aid

Assistance or support provided through spoken words, often used in learning or communication contexts.

Pauses

Deliberate silence in speech or writing, used to emphasize, separate ideas, or create suspense.

Oral Report

A spoken presentation of information or findings to an audience or group.