To determine the insurance premium of a car, an insurance company considers the following determinants: the...
To determine the insurance premium of a car, an insurance company considers the following determinants: the model of the car , the age of the car, and the mileage of the car. Which of the following is the dependent variable?
A.) Mileage
B.) Age
c.) Insurance premium
D.) Model
Homework Answers
here as we are using model of the car , the age of the car, and the mileage of the car to get the insurance premium of a car.
Therefore insurance premium of a car is the response/dependent variable.
option C is correct
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To determine the insurance premium of a car, an insurance company considers the following determinants: the...
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