Assume that an insurer would like to select a sample of business to insure from a population where E(loss)=500 SD(loss)=350 a) What is the E (loss) and SD(loss) for two business b) By using the law of large number show that SD(loss) is not the same and declines as the sample size od insured increases n=10n=100n=1000n=10000n=100000 Assume that an insurer would like to select a sample of business to insure from a population where E(loss)=500 SD(loss)=350 a) What is the E (loss) and SD(loss) for two business b) By using the law of large number show that SD(loss) is not the same and declines as the sample size od insured increases n=10n=100n=1000n=10000n=100000