Science, asked by nanapuvaralakshmi, 1 month ago

Which statistical principle is used by Insurance companies
to estimate loss rates?​

Answers

Answered by baig00586
0

Answer:

static ptinciple

Explanation:

Abstract: The expected utility principle is often used to compute the insurance premium through a second-order approximation of the expected value of the utility of losses.

Answered by AYUSHIGS
0

Answer:

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