An Example of Statistical Discrimination Would Be

question 70

Multiple Choice

An example of statistical discrimination would be:

• A) charging young drivers a higher premium than older drivers.
• B) charging homes near a lake higher premiums for flood insurance than those on a hill.
• C) assuming the food will be better at an Italian restaurant than a Chinese one in the Little Italy neighborhood of NYC.
• D) All of these are examples of statistical discrimination.

Recognize the importance of matching therapy to specific disorders.

Understand the basics of psychopharmacology and its role in treatment.

Identify factors contributing to effective therapeutic outcomes.

Recognize the importance of lifestyle changes in mental health.

---

Definitions:

Annual Rate

The Annual Rate is the interest rate or growth rate for a year, often used in financial contexts to depict investments or loans.

Semiannual Rate

A rate of interest or growth that is calculated or applied twice per year.

Present Value

The contemporary valuation of an upcoming sum of money or cash flows over time, factoring in a designated rate of return.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.