An Insurance Company Evaluates Many Numerical Variables About a Person

question 46

Short Answer

An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. The number of tickets a person has received in the last three years is an example of a ________ numerical variable.

Recognize the hormonal influences on human behavior and physiological functions.

Grasp the genetic and environmental bases of psychological disorders.

Differentiate between the central and peripheral nervous systems and their functions.

Understand behavioral genetics concepts and the role of heredity in psychological traits.

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Definitions:

Clock Card

A card used by employees when clocking in and out of the factory; it becomes the basis for the payroll.

Payroll

The total amount of wages, salaries, bonuses, and deductions paid to or on behalf of employees over a specific period.

Manufacturing Overhead-Control

An accounting method used to gather and monitor the costs associated with the manufacturing process but not directly tied to specific products, such as rent, utilities, and salaries.

Supplies Inventory

Items and materials held by a company in stock that are necessary for its operations but not yet used or sold.