# L/H UNIT 1 CHECKPOINT

C) a person in a position of financial trust
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Terms in this set (18)
According to the law of large numbers, which of the following is TRUE?

A) the smaller the number of risk combined into one group, the larger the loss will be to an individual

B) the larger the number of risks combined into one group, the small the loss will be to an individual

C) the larger the number of risks combined into one group, the less uncertainty there will be as to the amount of loss that will be incurred

D) the smaller the number of risks combined into one group, the less uncertainty there will be as to the amount of loss that will be incurred