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Answer T or F 1. The loss exposure resulting from a major storm is a diversifiable risk. (T/F) 2. In the process of pooling, the
Answer T or F
1. The loss exposure resulting from a major storm is a diversifiable risk. (T/F) 2. In the process of pooling, the actual loss of an exposure unit is substituted with the average loss of the group. (T/F)Step by Step Solution
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