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medulla medulla
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7 years ago
If the Average Loss Severity is $925 and the Average Loss Frequency is 0.17, what is the Average Loss?
A) $183.78
B) $157.25
C) $5,441.18
D) There is not enough information to calculate the Average 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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Posts: 458
7 years ago
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