Match the Descriptions with Their Terms

Multiple Choice

Match the descriptions with their terms:
-The _________________ states that the greater the number of exposure units insured, the greater the accuracy in the prediction of future losses by the insurer.

A) Adjusted return on capital
B) contractual liability
C) expected value
D) financial statement analysis
E) flowchart
F) law of large numbers
G) loss exposure checklist
H) maximum possible loss
I) mean
J) median
K) mode
L) risk management information system
M) standard deviation
N) Value at risk