By examining pricing for insurance for a moped, students can explore the theory of systems of inequalities and the topic of distributions in statistics. Fair systems for determining the premium (taking into account cautious and reckless drivers) are considered.
Tanja Van Hecke, Tanja.VanHecke@hogent.be, is on the faculty of applied engineering sciences at the University College Ghent, Belgium, where she teaches courses in mathematics and statistics.