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Timetrics 2016 survey of insurance professionals explores the use of technology in the industry. The file Technologies contains the responses

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Timetric’s 2016 survey of insurance professionals explores the use of technology in the industry. The file Technologies contains the responses to the question that asked what technologies these professionals expected to be most used by the insurance industry in the coming year. Those responses are:

a. Compute the percentage of responses for each technology.

b. What conclusions can you reach concerning expected technology usage in the insurance industry in the coming year?

Transcribed Image Text:

Technology Wearable technology Blockchain technology Artificial Intelligence IoT: retail insurance IoT: commercial insurance Social media Source: Data extracted from bit.ly/2qxMFRJ. Frequency 9 9 17 23 5 27

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a b Professionals expect to be using Social media …View the full answer


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Business Statistics A First Course

Business Statistics A First Course

ISBN: 9780135177785

8th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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Question Details
Chapter # 2- Defining and Collecting Data
Section: Problems
Problem: 7
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Question Posted: February 15, 2023 08:00:53
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