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keyone keyone
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6 years ago
Which of the following statements about the confidence interval is correct?
A) A confidence interval tells the insurer something about how confident it should be about the calculated risk premium.
B) A confidence interval tells the insurer something about the size of the risk pool.
C) A confidence interval tells the insurer something about how much money it has reserved in the past year to cover potential losses.
D) All of the above are correct.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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6 years ago
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