2. In the process of pooling, the actual loss of an exposure unit is substituted with the average loss of the group. T/F) 3. Adverse selection can result from people with pre-existing health problems who obtain health insurance at standard rates. (T/F) 4. Social security benefits are provided by private insurers. (T/F) 5. Estimating the chance of loss associated with house fires in a year is an objective probability. (T/F)