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
Common examples of gravimetric analysis in everyday life
LuckyWell [14K]
Of or related to hydrometry
6 0
3 years ago
"someone in the audience asks the man promoting his new book on humor what makes something funny. His answer is what you expectâ
Dahasolnce [82]
Friends with someone
7 0
3 years ago
A visualization of your desired outcomes and experiences may help keep you on course even when life's adversities conspire again
Musya8 [376]

The correct answer is true.

Visualization has been proven to help people achieve their goals. Effective visualization will allow the person to decrease stress, gain confidence, overcome mental obstacles, and override limiting beliefs that would otherwise prevent them from reaching their desired outcome.

3 0
3 years ago
Compare and contrast the upper-uppers and the upper-lowers in the United States.
enyata [817]

Those in the upper-class tend to hoard resources and be less generous than they could be.

But the differences between people of upper and lower-classes seems to be the product of the cultural environment, not ingrained traits. Studies have found that as people rise in the classes, they become less empathetic.

5 0
3 years ago
Why do Donk and Reevies's hair stand up in "INTO THE STORM"
zalisa [80]

Answer:

As a new day begins in the town of Silverton, its residents have little reason to believe it will be anything other than ordinary. Mother Nature, however has other plans. In the span of just a few hours, an unprecedented onslaught of powerful tornadoes ravages Silverton. Storm trackers predict that the worst is still to come, as terrified residents seek shelter, and professional storm-chasers run toward the danger, hoping to study the phenomenon close up and get a once-in-a-lifetime shot.

3 0
3 years ago
Other questions:
  • Which of these does not belong in the summary of Bill Clinton's achievements as president​
    8·1 answer
  • Aristotle's assertion that we are above all else "political animals" derived from his belief that
    14·2 answers
  • Kenneth is a new salesperson in a firm. He collects all relevant data about his prospects, including their needs, buying behavio
    15·1 answer
  • Target area range is a survey of what lies about __________ seconds ahead of the vehicle
    13·1 answer
  • What agency ensures that qualified drivers have the ability to operate a vehicle on state highways
    11·1 answer
  • Two types of attention are __________ and __________. A. focused . . . divided B. retrieval . . . shallow C. stimuli . . . stimu
    11·1 answer
  • Assume the government significantly increases spending for infrastructure, and taxes and interest rates do not change as a resul
    12·1 answer
  • What was different about the fish from the west side and east sides of the Atlantic Ocean?
    9·2 answers
  • Which is not an example.of an Australian name A. Bettong B. Bilby C. Goanna D. Numbat
    5·1 answer
  • In 2 Sentences write down<br> What is Economics
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!