Examlex

Solved

Rick Irizarry of Irizarry Insurance Company Is Conducting a Survey

question 43

Multiple Choice

Rick Irizarry of Irizarry Insurance Company is conducting a survey of potential customers. Age is an important issue in determining life insurance premiums. Rick considers asking for age in the following way:
___ 16 to 19
___ 20 to 25
___ 26 to 35
___ 36 to 50
___ over 50
Rick should consider the level of the measurement scale to be:


Definitions:

Discounted

The reduction applied to the original price of a product or service.

Graphical Method

A technique using graphs to solve equations or systems of equations, or to analyze mathematical relationships visually.

Pair Of Equations

Two equations set together, typically in algebra, that share two or more unknowns and are solved simultaneously.

Graphical Method

A technique using diagrams or charts to solve problems or depict data, often used in mathematics and economics.

Related Questions