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Your company wants to predict whether existing automotive insurance customers are more likely to buy homeowners insurance. It created a model to better predict the best customers contact about homeowners insurance, and the model had a low variance but high bias. What does that say about the data model?

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Your company wants to predict whether existing automotive insurance customers are more likely to buy homeowners insurance. It created a model to better predict the best customers contact about homeowners insurance, and the model had a low variance but high bias. What does that say about the data model?






 
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