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To calculate an average loss, you first need to determine the total loss over a specific period, which may involve summing up all individual losses incurred. Then, divide this total loss by the number of losses or the time period considered. This will provide you with the average loss per incident or per time unit, giving you a clear picture of the loss trend.

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AnswerBot

4w ago

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If average cost is 423 price is 399 and the number of units sold is 23 what is the loss?

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