Allstate Has More Than 1,500 Price Levels Determined by Complex

question 180

Multiple Choice

Allstate has more than 1,500 price levels determined by complex algorithms that analyze 16 credit report variables,including late payments and card balances.Allstate is using a _____ to set prices.

• A) yield management system
• B) capacity correlation system
• C) service forecasting tools
• D) service management system
• E) capacity maintenance tool

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Definitions:

Null Hypotheses

A statistical hypothesis that asserts there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.

Alternative Hypotheses

A hypothesis that proposes a different outcome or relationship from the null hypothesis, usually suggesting that a certain effect or difference exists.

Spam Blocker

A software tool designed to identify and prevent unwanted email messages from reaching a user's inbox.

Email

A method of exchanging digital messages across the Internet using devices, allowing users to send and receive messages electronically.