Which of the Following Factors Is Used to Determine a Person's

question 55

Multiple Choice

Which of the following factors is used to determine a person's driver classification?

• A)Age
• B)Type and age of vehicle
• C)Claims in your geographic area
• D)Insurance company claim processing costs
• E)State insurance premium regulations

---

Definitions:

Ordinal Data

Describes a type of data which is categorized into ordered but not necessarily equally spaced categories.

Null Hypothesis

A statement used in statistics that proposes no significant difference or effect.

Test Statistic

A value calculated from sample data that is used in hypothesis testing to determine if there is evidence to reject the null hypothesis.

Inferential Statistics

A branch of statistics focused on drawing conclusions and making predictions about a population based on a sample.