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The Law of Large Numbers States That If a Large

question 10

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The law of large numbers states that if a large number of people are exposed to the same risk, a predictable number of losses will occur during a given period of time.


Definitions:

Surveys

Research methods that involve collecting data from a predefined group of respondents to gain information and insights on various topics.

Experiences

Events or occurrences that leave an impression on someone.

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Negative Correlation

A relationship between two variables where one variable increases as the other decreases.

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