An Insurance Company Evaluates Many Numerical Variables About a Person

question 72

Short Answer

An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The number of claims a person has made in the last 3 years is an example of a ________ variable.

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Definitions:

Consistent Principle

A principle is considered consistent if it does not lead to contradictions under any interpretation or application.

Furniture

Items that are used to make a room or building suitable for living or working in, such as tables, chairs, beds, desks, dressers, and sofas.

Plants

Living organisms belonging to the kingdom Plantae that typically conduct photosynthesis and have a fixed structure including roots, stems, and leaves.

Concreteness

Refers to the quality of being specific, real, and tangible rather than abstract.