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Insurers Pool Similar Risk Exposures Together to Compute Their Own

question 75

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Insurers pool similar risk exposures together to compute their own risk of missing the prediction.Identify this process of evaluating a risk and classifying it with similar risks.


Definitions:

Data Collection

The process of gathering and measuring information on variables of interest in an organized manner.

Digital Inclusion

Refers to the efforts and policies aimed at ensuring all individuals have equal access to digital technologies and the internet.

Cyberbullying

The use of digital platforms like social media, texting, and websites to harass, threaten, embarrass, or target another person.

Digital Literacy

The ability to effectively find, use, and create information or content using digital technologies.

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