Across
- 3. A measure calculated by squaring deviations from the mean
- 5. The average expected outcome of a loss
- 6. Refers to the number of times a loss may occur within a period
- 8. The likelihood that an event will occur
- 9. Exclusive Events that cannot happen at the same time
- 10. Exclusive Events that can occur at the same time and overlap
Down
- 1. A measure of how spread out values are around the mean
- 2. A tool used to classify risk levels based on probability and impact
- 4. Refers to the size or impact of a loss
- 7. The most severe category of loss in a risk matrix (death or permanent disability)