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The Purpose of an Assigned Risk Pool Is to Assist

question 120

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The purpose of an assigned risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.


Definitions:

Relationship

How two or more ideas, objects, or persons are related, or the status of being in relation.

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two variables.

Continuous

A type of data or function that can take any value within a given range, without any breaks or discrete jumps.

Categorical

Refers to data or variables that represent categories, such as 'gender' or 'type of car', where the categories do not have a natural order.

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