How will the spreadsheet model help management make better decisions? How would the business benefit from being able to simulate information on a regular basis?
What will be an ideal response?
Management will have information right at their fingertips. They will be able to monitor how risk affects pricing. Additionally, they will be able to ensure that they are charging enough for each policy based on the predictive model and simulation. With frequent analysis, assessments could be made on a regular basis, ensuring that pricing is realistic and fair.
Computer Science & Information Technology
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An ________ area is a range of cells containing values for variables used in formulas
Fill in the blank(s) with correct word
Computer Science & Information Technology
A(n) ____________________ program allows a user to perform maintenance-type tasks usually related to managing a computer, its devices, or its programs.
Fill in the blank(s) with the appropriate word(s).
Computer Science & Information Technology