Question: Question 6 9.5 Which statement about a peril is true? It is a condition that can increase the severity of a loss. It is what

Question 6 9.5 Which statement about a peril is true? It is a condition that can increase the severity of a loss. It is what causes a loss to occur. It can be a physical condition, such as an old building. It is a condition that can increase the frequency of loss, Question 7 9.5 pt: The law of large numbers says that: With a very large number of data points, the expected value will increase. With a very large number of data points, the median will increase. With a very large number of data points, the standard deviation will decrease. O With a very large number of data points, actual losses will closely approximate expected losses

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