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Home Q & A Board Other Fields Homework Help Business Management
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keyone keyone
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6 years ago
Which of the following statements about the loss severity distribution is correct?
A) The loss severity distribution estimates the average size of an expected loss.
B) The loss severity distribution can be used to estimate the average severity of loss if a loss occurs.
C) The loss severity distribution represents the number of losses likely to happen.
D) The loss severity distribution is measured as a percentage of loss.
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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keyone Author
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6 years ago
Smiling Face with Halo Makes sense to me now
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