By Applying the Law of Large Numbers the Insurance Companies

question 37

True/False

By applying the law of large numbers the insurance companies can predict the loading expenses.

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Definitions:

Hormones

Hormones are chemical messengers produced by the endocrine glands that regulate various functions in the body, from growth and metabolism to mood and reproduction.

Gonads

The ovaries in females and the testes in males; endocrine glands that produce sex hormones.

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Actual Characteristics

The real, observable traits or features of an object, person, or concept.