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The Excel Add-In,PrecisionTree,enables You to Draw and Label a Decision

question 7

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The Excel add-in,PrecisionTree,enables you to draw and label a decision tree.


Definitions:

Collision Insurance

Auto insurance coverage that pays for damages to the policyholder's car resulting from a collision with another vehicle or object.

Deductible

The amount that a policyholder must pay out of pocket before their insurance will pay for their healthcare expenses.

Liability Insurance

A type of insurance that covers a person from damages; most states set minimum liability requirements.

Deductible

The amount paid out of pocket by the policyholder before an insurance company pays the remaining costs.

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