Examlex
Which one of the following typically strives to earn a return on their investments that exceeds the actuarially determined rate of return?
Risk of Harm
The potential for actions, situations, or products to cause injury, damage, or adverse effects to individuals or groups.
Decision Making
The cognitive process of selecting a course of action among multiple alternatives.
Subjective Probability
An individual's personal estimate of the chance of occurrence of a particular event.
Objective Probability
The likelihood of an event occurring based on a calculation from available data, independent of personal thought or opinion.
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