What is the basis for the concept of risk pooling?
A. the laws of probability.
B. the law of large numbers.
C. statistical variation.
D. the law of averages.
The law of large numbers is the basis for the concept of risk pooling.
Expert answered|allybee|Points 6553|
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Asked 11/20/2010 2:05:10 AM
Updated 7/29/2020 6:22:44 AM
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