Question

Insurance rates depend on such different variables; for example, the city where the user lives, the number of cars he has and the company in which he is insured. The website www.insurance.ca.gov reports the 2010 annual premium for a man, licensed to drive for 6-8 years, who drives a Honda Accord for 12,600 to 15,000 miles per year and has had no violations no accidents.

City	GEICO ($)	21st Century
Long Beach	2780	2352
Pomona	2411	2462
San Bernardino	2261	2284
Moreno Valley	2263	2520

a) What is the average premium for GEICO Insurance?
b) What is the average premium for 21st Century?
c) If you were a consumer, would you be interested in the average cost of premiums? If not, what would interest you?

Answer 1