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Texas Adjuster Study Guide2023- 2024/ 367 Q
REAL Texas Adjuster Study Guide2023- 
2024/ 367 QUESTIONS AND ANSWERS 
1. perils: a cause of property losses under an insurance con- tract ex: windstorm, hurricane, 
explosion, collapse of build-ing, vandalism, accidental discharge, and theft 
2. law of large numbers: a fundamental concept in statisticsand probability that describes how 
the average of a random-ly selected large sample from a population. it basically re- lies on the 
principle that the larger the pool, the more pre-dictable the ...
- Exam (elaborations)
- • 31 pages •
REAL Texas Adjuster Study Guide2023- 
2024/ 367 QUESTIONS AND ANSWERS 
1. perils: a cause of property losses under an insurance con- tract ex: windstorm, hurricane, 
explosion, collapse of build-ing, vandalism, accidental discharge, and theft 
2. law of large numbers: a fundamental concept in statisticsand probability that describes how 
the average of a random-ly selected large sample from a population. it basically re- lies on the 
principle that the larger the pool, the more pre-dictable the ...