What factor does not influence the Experience Rating calculation?

The correct answer reflects that the type of business itself does not directly influence the Experience Rating calculation. The Experience Rating is primarily calculated based on the loss experience of a company relative to its industry peers, which focuses on the employer's history of injuries and claims in the working environment.

Experience Rating considers specific metrics related to the employer's operation, such as the size of payroll, which affects how claims costs are assessed relative to industry standards. Additionally, the experience modification factor is a key component, as it measures how the company's claim history varies from the average in the industry, subsequently affecting insurance premiums. Lastly, the system of classifications categorizes businesses by the nature of their operations, which can impact risk assessments and, consequently, the calculation.

While the type of business may inform general risk factors and industry categorization, it does not directly affect the way the Experience Rating is calculated, which relies on quantifiable loss data rather than the business category itself.