Question: Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries,

Risk is generally expressed or plotted in a Risk Matrix in terms 

Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries, Shop lifting, Third- party property damages risks in a simple two by two diagram (Continuum) depending on their frequency and severity (High/Low).

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Probability 4 Very High 4 8 12 16 3 MiddleHi... View full answer

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