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Mathematics, 30.10.2019 03:31 hippocampus

Suppose that an insurance company insures more than one million individuals with a policy that the company actuaries believe will net them an average profit of $20 per month per policy (total premiums collected minus payouts for claims and overhead, divided by the number of such policies that they carry). assume that total dollar amount of claims each month varies randomly. which of the statements do not accurately reflect the meaning of the law of large numbers.

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