What Does Average Severity Mean?
Observed or estimated value of an average size display. This is determined by dividing the loss by the number of claims.
Literal Meanings of Average Severity
Meanings of Average:
Achievement or achievement as an average rank or value over a period of time.
A number that represents the central or general value in a set of data, specifically the mode, median, or (most often) meaning value, which is the sum of the values in the set by their sum Is calculated by dividing.
Transfer of financial responsibility for damage or financial loss to the ship or its cargo.
Sort the results by adding a small amount and then divide that amount by the amount of the quantity.
Sentences of Average
2.4% average annual inflation
Household prices are twice the national average
Special average means partial loss or damage to a ship, cargo or goods.
The average temperature in May is 64 ° F
Synonyms of Average
median, midpoint, mode, centre, mean, middle, medial
Meanings of Severity:
Serious facts or circumstances.
Sentences of Severity
Punishment shows the seriousness of the crime.
Synonyms of Severity
extremity, graveness, acuteness, gravity, grievousness, severeness, seriousness