Exam (elaborations)
Ohio Life and Health Insurance Test| 150 Questions| Accurate 100%(SCORED A+)
- Course
- Institution
According to the law of large numbers, how would losses be affected if the number of similar insured units increases? - ANSWER Predictability of losses will be improved Which of the following can be defined as "the potential for loss"? - ANSWER Risk An insurer has a contractual agreement whic...
[Show more]