Once They Are Evaluated and Forecasted, Loss Frequency and Loss

question 4

Short Answer

Once they are evaluated and forecasted, loss frequency and loss severity are used as the vertical and horizontal lines in the _____ for one specific risk exposure.

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Definitions:

Ethnomethodological Analysis

A method of sociological analysis that examines how people use social norms and knowledge to understand and produce the social order in daily life.

Applause

The act of clapping hands together as a way to show approval, appreciation, or enjoyment, typically for a performance or speech.

General Point

A broad or overarching statement or principle that applies to a variety of specific instances or situations.

Ethnomethodologists

Researchers who study how people's everyday interactions and practices create and sustain the social order.