The Declaration Page of an Insurance Policy Includes the Names

question 78

True/False

The declaration page of an insurance policy includes the names of the insured,the property insured (with vehicles this includes the make,model,year,and vehicle identification number,or VIN),the effective dates,the coverage type and limits,the deductible,and the policy premium amount.

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Definitions:

Least Squares Regression Line

A straight line that minimizes the sum of the squared differences between the observed values and the values predicted by the line.

Estimated Value

An approximation of a quantity based on available information or statistical methods.

Observations

Individual data points or items recorded during an experiment or survey.

Least Squares Regression Line

A statistical method used to find a straight line that best fits a set of data points by minimizing the sum of the squares of the vertical distances of the points from the line.