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Home Q & A Board Other Fields Homework Help Business Insurance
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medulla medulla
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6 years ago
"Independence" in an insurance pool means:
A) the bad risks pay more for insurance than good risks
B) the members of the pool exhibit the same level of risk
C) those who experience losses have their premiums raised
D) the occurrence of one event makes it neither more nor less probable that the other occurs
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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#1
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6 years ago
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medulla Author
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6 years ago
Thanks
TheMoffattMan
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Yesterday
Helped a lot
Helpmeplease11
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2 hours ago
Just got PERFECT on my quiz
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