Final answer:
A star schema is a widely used data warehouse schema for data analysis and reporting. In the automobile insurance system, the star schema can be designed with a fact table and dimension tables.
Step-by-step explanation:
A star schema is a type of data warehouse schema that is widely used in data analysis and reporting. In the case of the automobile insurance system, the star schema can be designed as follows:
- Fact Table: Policy Transactions
- Dimension Tables: Policy, Insured Party, Coverage Item, Agent, and Period
The fact table, which is the Policy Transactions table, will capture the details of the policy-related transactions such as issuing a new policy, updating an existing policy, adding or modifying coverage items, and policy renewal or expiration events. This table will contain foreign keys to link to the dimension tables.