Exam (elaborations)
Primerica Life Insurance License : Questions & Answers: Updated Solution
- Module
- Institution
Which law is the foundation of statistical prediction of loss upon which rates for insurance are calculated? A) Law of Group Evaluation B) Law of Large Numbers C) Law of Masses D) Law of Averages (Ans- B) Law of Large Numbers A producer who fails to segregate premium monies from his own pe...
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