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What is the basis for the concept of risk pooling? A. Law of supply and demand B. Law of large numbers C. Law of averages D. Law of probability
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Asked 2/14/2011 1:55:39 PM
Updated 2/10/2017 12:26:59 PM
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Flagged by matahari [2/10/2017 12:26:54 PM]
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User: What is the basis for the concept of risk pooling? A. Law of supply and demand B. Law of large numbers C. Law of averages D. Law of probability

Weegy: B. Law of averages
roxanam|Points 35|

Question
Asked 2/14/2011 1:55:39 PM
Updated 2/10/2017 12:26:59 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by matahari [2/10/2017 12:26:54 PM]
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Law of large numbers is the basis for the concept of risk pooling.

Added 2/10/2017 12:26:59 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/10/2017 5:21:57 PM]
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