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According to the law of large numbers, Curran Insurance Group can ________ by charging each of its policyholders a premium close to their expected loss
According to the law of large numbers, Curran Insurance Group can ________ by charging each of its policyholders a premium close to their expected loss as long as they have a large pool of independent and identical risks.
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: break even
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B : lose revenue
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C : pool risk
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D : estimate risk
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