A research study was conducted on the effects of changes in make/model factors on vehicle insurance premiums. The findings of this study was presented at the annual meeting of the American Academy of Actuaries. The audience at this presentation could be termed as an applied audience.

Question

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The audience consists of professionals (actuaries) who apply mathematical and statistical methods to assess risk in insurance, finance, and other industries, making them an applied audience interested in practical applications of research findings.

A Research Study Was Conducted on the Effects of Changes