Question: f the Average Loss Severity is $ 1 , 1 5 0 and the Average Loss Frequency is 0 . 1 2 , what is

f the Average Loss Severity is $1,150 and the Average Loss Frequency is 0.12, what is the Average Loss?
$104.35
There is not enough information to calculate the Average Loss.
$138.00
$9,583.33
f the Average Loss Severity is $1,150 and the Average Loss

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