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

question 80

Multiple Choice

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.

-A type of vertical bar chart in which the categories are plotted in the descending rank order of the magnitude of their frequencies is called a

• A)contingency table.
• B)Pareto chart.
• C)stem-and-leaf display.
• D)pie chart.

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Definitions:

Genotype

The genetic constitution of an individual organism, referring to the specific alleles or variants at particular loci in the genome.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.

Allele Dominance

A genetic principle where one allele (variant of a gene) masks the expression of another allele at the same gene locus, determining the organism's phenotype.

Genomic Imprint

A phenomenon where genes are expressed in a parent-of-origin-specific manner, leading to differential expression depending on whether the gene is inherited from the mother or the father.