1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nikklg [1K]
3 years ago
12

What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidit

y losses at any given age?
A. law of large numbers

B. actuarial principle

C. law of probability

D. underwriting principle
Social Studies
1 answer:
torisob [31]3 years ago
3 0

Answer:

A. law of large numbers

Explanation:

Law of large numbers is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age.

This idea states that as the number of exposure or an attainment of a larger value increases, it is usually easier and more accurate to predict the likelihood of mortality or morbidity losses. The law of large numbers is the mathematical principle of probability that insurance is based on.

You might be interested in
55. Name three supranational organizations where the UK is a member.
puteri [66]

Answer:

UN Security Council, North Atlantic Treaty Organization, and Council of Europe.

Explanation:

3 0
2 years ago
Jackie is doing a study on the number of hours spent watching TV and how this affects family cohesion. She decides to mail a que
MArishka [77]

Answer:

self-administered survey

Explanation:

Jackie is doing a study on the number of hours spent watching TV and how this affects family cohesion. She decides to mail a questionnaire to randomly selected households in her state. This is an example of <u>self-administered survey</u>. A self-administered survey is a survey that is done or designed in such a way that the researcher will not interfere with the respondents. In this method the respondents complete the survey on their own with no agent to guide or interfere in the process. While this method is relatively cheap, the respondents feel more at ease, there is a higher requirement of respondents because due to the absence of monitoring or guidance there is usually increased error in questionnaires.

4 0
3 years ago
What is political socialization​
Iteru [2.4K]
Political socialization is the "process by which individuals learn and frequently internalize a political lens framing their perceptions of how power is arranged and how the world around them is (and should be) organized; those perceptions, in turn, shape and define individuals' definitions of who they are and how they ...
4 0
3 years ago
When property rights are not well established, A. the distribution of private goods is unfair. B. government resources are used
kondor19780726 [428]

Answer: option A

Explanation:

What are property rights, they are rights established by the government to protect the private owners to lose there property from government taking it back, this helps private owners to take ownership of there property .so when this is not well established ,the private owners could possibly lose there right to government and the distribution of private property becomes unfair ,because it would satisfy the intent of the private property owner.

3 0
3 years ago
What did Chief Justice warren say about how Miranda's confession was made?
Lubov Fominskaja [6]
"The person in custody must, prior to interrogation, be clearly informed that he has the right to remain silent, and that anything he says will be used against him in court; he must be clearly informed that he has the right to consult with a lawyer and to have the lawyer with him during interrogation, and that, if he is indigent, a lawyer will be appointed to represent him"- Chief Justice Earl Warren
4 0
3 years ago
Other questions:
  • From what you know of United States history, which document was Lincoln quoting when he said in “The Gettysburg Address” that th
    13·1 answer
  • A concurring opinion explains (A) explains the chief justice's position on a case. (B) is delivered when a justice decides the s
    14·1 answer
  • Which perspective attempts to view how certain ways of seeing or being in the world may be adaptive looking for advantages in th
    7·1 answer
  • Mr. Hoffman has always been cautious with his money, but over the past two weeks he has developed grandiose plans to bet his ent
    13·1 answer
  • So I posted this about 15 hours ago and like I am very disappointed at brainly right now like I thought it's for me to learn but
    7·1 answer
  • True or false Judaism was the first known monotheistic religion
    15·2 answers
  • When we go to the theatre, we know what is happening on stage is not real and so we put aside our concerns about reality and agr
    14·1 answer
  • What is the relationship between capital resource and human resource​
    7·1 answer
  • What are some things that goverment provides for people who live in the uae
    13·1 answer
  • What washington d. C. Museum features james bond’s car from goldfinger?.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!