The Purpose of a High-Risk Pool Is to Assist People

question 52

True/False

The purpose of a high-risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.

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Definitions:

Distribution

Refers to how values in a data set are spread or dispersed, indicating the frequency of each value or range of values.

Pie Chart

Figure that uses a circle divided into proportions to represent the percentage of the sample corresponding to each value of a variable.

Frequency Polygon

A graphical representation of a frequency distribution with line segments connecting points directly above class midpoint values on the horizontal axis.

Histogram

Figure that uses connected bars to represent the frequency of each value of a variable.