Question

law of large numbers is worked out by which of the following
a)pooling of risk
b)maintaining insurance interest
c)with utmost good faith
d)randomness ​

Answer 1

Answer:

maintaining insurance interest

Explanation:

The law of large numbers is a principle of probability according to which the frequencies of events with the same likelihood of occurrence even out, given enough trials or instances. As the number of experiments increases, the actual ratio of outcomes will converge on the theoretical, or expected, ratio of outcomes