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True or False: an Insurance Company Evaluates Many Variables About

Question 30

True/False

True or False: An insurance company evaluates many variables about a person before deciding
on an appropriate rate for automobile insurance.A representative from a local insurance agency
selected a random sample of 100 insured drivers and recorded, X, the amount of claims each
made in the last 3 years.A Pareto chart can be used to present this information.

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