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Which of the following statement is correct? Probability distributions show the listing of all possible outcomes and their associated probabilities. Actual cash value of a

Which of the following statement is correct?

Probability distributions show the listing of all possible outcomes and their associated probabilities.

Actual cash value of a property is commonly defined as book value less depreciation.

The number of losses in a given period of time is known as loss severity.

Natural gas demand and winter temperatures in Minnesota is most likely negatively correlated.

All the answers are incorrect.

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