As the number of exposure units increases, the more closely the actual loss experience will approach the expected loss e
Posted: Sat Feb 26, 2022 9:11 am
As the number of exposure units increases, the more closely the
actual loss experience will approach the expected loss experience
and therefore predictability of losses increases. This mathematical
foundation of insurance is best described by
_________________________.
actual loss experience will approach the expected loss experience
and therefore predictability of losses increases. This mathematical
foundation of insurance is best described by
_________________________.