A new method for calculating expected lo
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Weimin Dong; Wei-Ling Chiang; Haresh C. Shah; Felix S. Wong
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Article
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1990
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Elsevier Science
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English
โ 470 KB
Two methods are currently used to calculate the expected loss for existing buildings for a time period of interest. The first method simply multiplies the annual expected loss by the time period. The second method uses the exceedance probability for that time period to calculate th e expected loss.