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

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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.

Technology                                  Frequency
Wearable technology...................................9
Blockchain technology.................................9
Artificial Intelligence...................................17
IoT: retail insurance....................................23
IoT: commercial insurance...........................5
Social media.................................................27

a. Construct a bar chart and a pie chart.

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

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Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

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

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