25 DIO 2 points _is the process of classifying the potential insureds into the appropriate risk classification in order to charge the appropriate rate (ie, assembling homogenous groups that allow the Law of Large Numbers to work). Actuarial analysis Premium auditing Underwriting Prospecting 26 2 points You are injured while using a nail gun manufactured by Acme, Inc. Which of the following liabilities best explains the situation if Acme, Inc. is held liable for your injury? Customer liability Product liability Professional liability Market liability 27 2 points The Law of Large Numbers will work effectively if you are comparing different types of events, as long as you observe a sufficiently large sample. True False