Across
- 3. Increase in value over time.
- 6. _________ insurance is a contract between a driver and an insurance company, where the driver agrees to pay a fee and the company agrees to cover certain accident-related costs when the driver makes a claim.
- 7. A depreciation method that models a constant decline in the value of something, such as a car that loses the same value each year.
- 8. A statistician who provides information about risks in financial situations. They assist insurance companies in setting their rates.
- 10. ______ insurance is a type of insurance that pays for part of the cost of a rented car if a car is disabled because of a collision or comprehensive-covered repair.
- 11. The possibility that an event will occur, described by a real number between 0 and 1 inclusive.
- 13. A type of insurance coverage that pays for towing or road service when a car is disabled.
- 19. A request for payment from an insurance company by a policy holder.
- 20. Expenses that do not change based on the quantity produced, such as furniture or machinery.
- 22. This is the numerical value for the inclination or declination of a line and is expressed as a ratio of the change in the vertical variable (rise) divided by the change in the horizontal variable (run) from one point on the line to the another.
- 24. This type of event describes two events in which the probability of one occurring is unaffected by the occurrence of the other event.
- 25. ________ protection is a type of coverage sometimes called no-fault insurance.
- 26. _________ liability covers personal injury if a driver is at fault in an accident.
- 27. ________ liability is a type of insurance coverage that pays for damage a driver causes to another person’s property.
- 29. At fault for damages caused.
- 30. This type of event is a set of events which are not independent.
- 31. The outcome of an experiment.
Down
- 1. Decrease in value over time.
- 2. This is a pictorial display in which sets re re-presented as circles enclosed by a rectangle representing the universal set.
- 4. An extra fee paid to an automobile insurance company for dividing an annual premium into monthly, quarterly, or semiannual payments.
- 5. This type of insurance is usually required if there is a loan on the car.
- 9. A rectangular array used to depict a relationship between two categorical (qualitative) variables.
- 12. Responsible for damages caused.
- 14. that depend on the number of items produced, such as raw materials.
- 15. ______ insurance is a type of insurance that covers the repair or replacement of parts of an insured car damaged by vandalism, fire, flood, wind, earthquakes, missiles, falling objects, riots, tree sprays, and other disasters; it also covers if the car is stolen.
- 16. expense
- 17. This type of function is the algebraic representation of the cumulative amount of money spent at any given point in time.
- 18. __________ insurance is a type of insurance that covers a person from damages.
- 21. The probability that an event will occur given than another event has already occurred.
- 23. Part of the repair or damages that a driver has to pay before the insurance company pays.
- 28. The amount paid for an insurance policy.