Problem
1. We wrote "As long as the insurance company has lots of policies in many locations, then, on average, the number of insurance claims will be nearly constant each year." Why did we include the statement about many locations?
2. Why is it difficult to diversify job risk? Is it possible to do some diversification within a family?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.