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What is the basis for the concept of risk pooling? A. statistical variation. B. the law of averages. C. the laws of probability. D. the law of large numbers
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Asked 10/18/2010 5:35:46 PM
Updated 2/13/2014 7:06:35 AM
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debnjerry
[2/13/2014 7:06:35 AM]
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What is the basis for the concept of risk pooling? A. statistical variation. B. the law of averages. C. the laws of probability. D. the law of large numbers
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User:
What is the basis for the concept of risk pooling? A. statistical variation. B. the law of averages. C. the laws of probability. D. the law of large numbers
Weegy:
C. the law of probability If satisfied with the response, click "Good"
Expert answered|KeenResearcher|Points 785|
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Question
Asked 10/18/2010 5:35:46 PM
Updated 2/13/2014 7:06:35 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by
debnjerry
[2/13/2014 7:06:35 AM]
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The law of large numbers is the basis for concept of risk pooling.
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Added 2/13/2014 7:06:33 AM
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