The Law of Large Numbers Allows the Insurer to Predict

question 63

True/False

The law of large numbers allows the insurer to predict aggregate dollar losses in advance of their occurrence.

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Definitions:

OB

Organizational Behavior; the study of human behavior in organizational settings, the interface between human behavior and the organization, and the organization itself.

Organizational Behavior

A field of study that investigates the impact that individuals, groups, and structures have on behavior within organizations, aiming to improve organizational effectiveness.

Telecommuting

The practice of working from a remote location, often home, instead of commuting to an office, utilizing digital communication tools.

Employee Stress

A condition arising from the demands and pressures that workers experience in the workplace, often leading to mental and physical symptoms.