UNDERSTANDING BUSINESS CONNNECT ACCESS
UNDERSTANDING BUSINESS CONNNECT ACCESS
12th Edition
ISBN: 9781264402458
Author: Nickels
Publisher: INTER MCG
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Chapter C.3, Problem 5TP
Summary Introduction

To discuss: The law of large numbers.

Introduction: The law that states to incur an expected level of loss in the company in case a large number of people are exposed to same type of risk is referred to as the law of large numbers.

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