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Do you Think that Buckeye Brewery's property losses are independet, positively correlated or negatively correlated with...

Do you Think that Buckeye Brewery's property losses are independet, positively correlated or negatively correlated with its liability losses ?

The Expected value of liability losses is 72500

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Answer #1

To an extent the property losses and liability losses will be positively correlated. There can be possibility that the people would be injured and legal claim may be attracted when such property is damaged.

answered by: ANURANJAN SARSAM
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