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Home Q & A Board Other Fields Homework Help Business Management
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medulla medulla
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7 years ago
The Expected Value of a probability distribution is calculated by:
A) adding up all expected losses
B) adding up all expected losses and dividing the result by the number of observations
C) multiplying the expected losses with their probability and dividing the result by the number of observations
D) multiplying the expected losses with their probability and calculating the sum of all outcomes
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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#1
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7 years ago
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