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medulla medulla
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6 years ago
Which of the following statements about the expected average loss is not correct?
A) The average loss is guaranteed to happen in the upcoming year.
B) The average loss will be expressed in dollars.
C) The average loss is a tool for risk managers to handle future risks.
D) The average loss can be estimated by multiplying the average loss severity with the average loss frequency.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
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giddugiddu
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#1
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6 years ago
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medulla Author
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6 years ago
Helped a lot
jamesbove
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Yesterday
Correct Slight Smile TY
jcarter
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2 hours ago
Good timing, thanks!
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