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Q: What is the basis for the concept of risk pooling? A. the laws of probability, V. statistical variation, C. the law of averages, D. the law of large number
A: The law of large numbers is the basis for the concept of risk pooling.
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User: What is the basis for the concept of risk pooling? A. the laws of probability, V. statistical variation, C. the law of averages, D. the law of large number

Weegy: A: the law of probability
Expert answered|tmk3103|Points 188|

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Asked 10/3/2010 10:25:50 AM
Updated 11/29/2014 4:32:09 PM
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The law of large numbers is the basis for the concept of risk pooling.
Added 11/29/2014 4:32:08 PM
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