Examlex
Which of the following is not a method for performing a data quality audit?
Adverse Selection
A situation in which one party in a transaction has more information than the other, leading to an imbalance and potentially poor market outcomes, commonly seen in insurance markets.
Insurance
A financial product or agreement that provides compensation for specific losses or damages in return for payments made.
High Risk
Refers to situations or investments that have a high potential for loss or failure.
Average Premium
The mean amount paid for insurance coverage across a defined set of policies, reflecting the average cost to the insured.
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