Question: Explain how a risk manager can use the average loss of use loss, its standard deviation and its coefficient of variation in making decisions about

Explain how a risk manager can use the average loss of use loss, its standard deviation and its coefficient of variation in making decisions about the risk of loss of use losses resulting from (for example), accidents.

Avg. Loss of Use 175.125
Standard Deviation 265.0317311
Coefficient of Variation 1.513386045 Times

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