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.
The best answer is: the economic globalization!
let's look at other options:
Capitalism is the system in which the goods are privately owned, but capitalism can be realized on a local scale and does not have to be global.
Trade agreement (even on a global scale: world trade) ake the exchange of goods easier, but it does not yet make their production truly international.
<u>Answer:
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The investigator must inform the administrative body or the Institutional review board about the changes made to the procedures of the study.
<u>Explanation:
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- To seek the approval of IRB for a clinical trial, the IRB requires the investigator to specify the procedure of the study that he is willing to carry out.
- The IRB permits the study if the procedure is feasible and fits within the norms set by laws.
- If any changes are to be made to the procedures during the course of the study, the chief investigator should inform IRB about the changes to maintain the legitimacy of the study.
A region is an area of land that has common features. A region can be defined by natural or artificial features. Language, government, or religion can define a region, as can forests, wildlife, or climate. Regions, large or small, are the basic units of geography.