The personal auto insurance rates for the Smidlap Insurance Co. are based on many years of extensive data, which clearly provide Smidlap with a sufficient volume of data to provide a highly accurate estimate of the expected losses for its book of business. Because of this, Smidlaps data would be considered:

Select one:

a. Highly exposed.

b. Highly credible.

c. Highly contingent.

d. Highly volatile.