What is the reason the law of large numbers is necessary for insurance?
a. It allows better prediction of future losses
b. It is not necessary
c. It allows risk transfer
d. It allows risk pooling
e. None of the above

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06-06-2024
Law

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What is the reason the law of large numbers is necessary for insurance?
a. It allows better prediction of future losses
b. It is not necessary
c. It allows risk transfer
d. It allows risk pooling
e. None of the above

Sagot :

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