Question

Males generally pay higher car insurance rates than females. The reason is based on the types of accidents caused by each gender. Statistics show that women tend to be involved in many minor traffic accidents while men are involved in more major accidents, causing more damage to their vehicles. So, because insurance companies pay out smaller claims for the minor dings caused by women , men suffer higher insurance premiums. What is the rate of change for the age of men/women between the interval [19, 33] ? How does the rate of change for men in the interval [19, 33] compare to the rate of change for men in the interval [48, 58]? Why do you think the rate of change differs in men between the interval [19,33] compared to [48, 58]? What does this indicate about the driving habits of males?

Answer 1

For the interval [19,33], the cost for women is [170,120], and the cost for men is []195, 132]