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Retrospective reinsurance involves "invisible" risk pools.
Equation
A mathematical statement that asserts the equality of two expressions, typically involving variables.
Coefficients
Numbers placed before variables in algebraic expressions to indicate multiplication.
Expression
A combination of symbols that represents a mathematical quantity or relationship.
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., 4 in 4x).
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