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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 probability D. Law of averages
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Asked 11/4/2010 1:14:19 PM
Updated 1/30/2017 9:02:14 PM
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Flagged by Andrew. [1/30/2017 9:02:14 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 probability D. Law of averages

Weegy: C. the law of probability If satisfied with the response, click "Good"
KeenResearcher|Points 1422|

Question
Asked 11/4/2010 1:14:19 PM
Updated 1/30/2017 9:02:14 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by Andrew. [1/30/2017 9:02:14 PM]
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Law of large numbers is the basis for the concept of risk pooling.
Added 1/30/2017 7:53:15 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/30/2017 9:02:13 PM]
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