Exam DISC-DA Practice Question 209
Study guide: Exam DISC-DA
Two commercial property risks are compared with Gower's coefficient, using equal weights on four features: occupancy class (nominal), whether a central-station alarm is installed (binary), building age and total insured value (TIV). Both risks have the same occupancy class; one has an alarm and the other does not; their building ages differ by 15 years, where ages in the portfolio range over 60 years; and their TIVs differ by $3 million, where TIV ranges over $12 million. What is the Gower dissimilarity between the two risks?
- A) 0.125
- B) 0.167
- C) 0.250
- D) 0.375
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