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Assume that a population has the following characteristics. What would the actuarially fair premiums be for each group? What would the community-rated premium be for
Assume that a population has the following characteristics. What would the actuarially fair premiums be for each group? What would the community-rated premium be for the entire population?
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Answer To determine the actuarially fair premiums for each group and the communityrated premium for the entire population we need to consider the char...
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