Question: The relationship between the expected value and the standard deviation of a normal distribution can have useful practical application. Which one of the following best
The relationship between the expected value and the standard deviation of a normal distribution can have useful practical application. Which one of the following best describes such a practical application?
Select one:
A Selecting which risk management technique would be most appropriate for a particular loss exposure
B Determining a maintenance schedule for equipment that could become dangerous if it were to fail
C Identifying whether a particular loss exposure is highfrequency and lowseverity, or highseverity and low frequency
D Predicting when losses, such as physical damages losses to an automobile fleet, are likely to occur
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