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enot [183]
3 years ago
8

The more companies an insurance company insures, the more likely they can predict the percentage of losses over a

Business
1 answer:
Mumz [18]3 years ago
5 0

Answer: C. Law of Large Numbers

Explanation:

The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.

According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.

In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.

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Answer:

False (B)

Explanation:

Long-term borrowing & repaying cash from lenders

Long-term borrowing will be classified under financing activities as it represents capital sourced from loan investors (e.g Bondholders,Banks e.t.c). As for repaying cash from lenders, capital repayment will be classified under financing activities while interest is recognized either under operating or financing activity.

Cash investments by or dividends paid to stockholders.

Cash investment by stockholders will be categorized under financing activities while dividend paid can either be categorized as operating or financing activity.

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When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known
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When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known as warehouse consolidation.

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Total shipments represent the quantity shipped by regular shippers or the quantity paid by regular shippers during the base period, whichever is greater.

Learn more about shipments here:brainly.com/question/12887070

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