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A Home Insurance Company Anticipates the Following Pattern of Claims,based

Question 29

Multiple Choice

A home insurance company anticipates the following pattern of claims,based on historical data.What is the expected claim on the next policy sold by the company?
A home insurance company anticipates the following pattern of claims,based on historical data.What is the expected claim on the next policy sold by the company?   A)  $100 B)  $110 C)  $120 D)  $130 E)  $140


A) $100
B) $110
C) $120
D) $130
E) $140

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