Exam (elaborations)
Florida 2-40 health license chapters review| 80 Questions| Correct Answers!!
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Loss Sharing - ANSWERSThe spreading or pooling of risks over a large group of individuals Risk pooling - ANSWERSSame as loss sharing Law of large numbers - ANSWERSScience of probability and experience of mortality (death) & morbidity (sickness). The larger and more homogenous the group the mo...
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