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Business, 05.05.2020 21:05 SM141372

What role does math play in the insurance industry?

a. Insurance companies use statistics to find how likely a client will need to

use the insurance so they can set premiums in order to have the highest

chance of making a profit.

Insurance companies use algebra and geometry to calculate the distance

from clients' major emergencies to nearest hospitals.

Insurance companies use statistics to hypothesize how likely clients are

to switch over to competitive companies.

d. Insurance companies use calculus to find out how likely a client will need

to use the insurance so they can set premiums in order to have the

highest chance of making a profit.

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What role does math play in the insurance industry?

a. Insurance companies use statistic...
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