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The concept of risk pooling is based on: (a) the laws of probability. (b) the law of averages. (c) the law of large numbers. (d) statistical variation
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Question
Asked 8/24/2010 1:50:06 PM
Updated 7/28/2024 12:16:54 AM
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Cliff:
[7/28/2024 12:16:54 AM]
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The concept of risk pooling is based on: (a) the laws of probability. (b) the law of averages. (c) the law of large numbers. (d) statistical variation
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User:
The concept of risk pooling is based on: (a) the laws of probability. (b) the law of averages. (c) the law of large numbers. (d) statistical variation
Weegy:
(c) the law of large numbers.
Expert answered|MoStWaNteD|Points 989|
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Question
Asked 8/24/2010 1:50:06 PM
Updated 7/28/2024 12:16:54 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
Flagged by
Cliff:
[7/28/2024 12:16:54 AM]
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Cliff:
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Added 7/28/2024 12:16:38 AM
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Cliff:
[7/28/2024 12:16:39 AM]
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Cliff:
The concept of risk pooling is based on: the laws of probability.
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Added 7/28/2024 12:16:52 AM
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Questions asked by the same visitor
what are the coverage charactericistics for home insurance.
Weegy:
You can check this site and use it as a guide:
(More)
Question
Expert Answered
Updated 7/1/2023 3:54:53 PM
1 Answer/Comment
3
Rhed°88
The coverage characteristics for home insurance are: actual cash value, replacement cost, and extended replacement cost/value.
Added 7/1/2023 3:54:51 PM
This answer has been confirmed as correct and helpful.
A person designated to carry out the provisions of a will is called: (a) a guardian. (b) an executor. (c) a trustee. (d) a beneficiary.
Weegy:
A person designated to carry out the provisions of a will is called an executor.
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Question
Expert Answered
Updated 6/28/2020 9:43:33 PM
0 Answers/Comments
An oil spill is an example of: (a) a correlated risk. (b) a nonrandom risk. (c) an unpredictable risk. (d) an escalating risk
Weegy:
(a) a correlated risk.
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Question
Expert Answered
Updated 9/10/2023 6:54:38 AM
1 Answer/Comment
3
Bench_14
An oil spill is an example of a nonrandom risk.
Added 9/10/2023 6:54:38 AM
This answer has been confirmed as correct and helpful.
An oil spill is an example of: (a) a correlated risk. (b) a nonrandom risk. (c) an unpredictable risk. (d) an escalating risk
Weegy:
B. nonrandom risk nonrandom - not random - lacking any definite plan or order or purpose; governed by or depending on chance; "a random choice"; "bombs fell at random"(
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Question
Expert Answered
Updated 10/22/2023 1:05:18 AM
1 Answer/Comment
3
Rhed°88
An oil spill is an example of: an unpredictable risk.
Added 10/22/2023 1:05:16 AM
This answer has been confirmed as correct and helpful.
If Tom drives into Bill’s car when Bill falls asleep at the wheel and veers into Tom’s lane, Bill’s actions are an example of: (a) negligence. (b) an assumption of risk. (c) double indemnity (d) contributory negligence
Weegy:
If Tom drives into Bill’s car when Bill falls asleep at the wheel and veers into Tom’s lane, Bill’s actions are an example of contributory negligence.
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Updated 2/27/2019 11:08:10 PM
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