If the Average Loss Severity Is $925 and the Average

question 46

Multiple Choice

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.

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Definitions:

Neural Impulse

is the electrical signal transmitted along a neuron, facilitating communication between neurons or between neurons and muscles.

Threshold

The minimum level of stimulus intensity required for a stimulus to be detected.

Intensity

The amount of energy in a light or sound wave, which we perceive as brightness or loudness, as determined by the wave’s amplitude.

Myelin Sheath

A fatty layer that surrounds nerve fibers and enhances the speed of electrical signal transmission in the nervous system.