An Insurance Company Evaluates Many Variables About a Person Before

question 8

True/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.

---

Definitions:

Hemorrhage

Excessive bleeding or the escape of blood from vessels into surrounding tissues, either internally or externally.

Platelets

Small blood cells that play a key role in clotting and stopping bleeding by clumping and forming plugs in blood vessel injuries.

Nitrosoureas

A class of chemotherapy drugs used to treat various types of cancer, known for their ability to cross the blood-brain barrier.

Intrathecal Chemotherapy

A type of chemotherapy where drugs are injected directly into the cerebrospinal fluid bathing the brain and spinal cord.