According to the law of large numbers, what happens as the number of exposure units increases?
A) Actual results will increasingly differ from probable results.
B) Actual results will more closely approach probable results.
C) Nondiversifiable risk will decrease.
D) Objective risk will increase.
Answer: B
Business
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The sum of squared error (SSE) is
A) a measure of the total variation in Y about the mean. B) a measure of the total variation in X about the mean. C) a measure in the variation of Y about the regression line. D) a measure in the variation of X about the regression line. E) None of the above
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Briefly explain the five areas in which organizations can increase the probability of alliance success
What will be an ideal response?
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