Posts Tagged ‘product liability insurance’
RERL-1616-Growing Your Business- Using Statistics Wisely to Avoid the Flaw of Averages
The only certainty is nothing is certain. This simple quote from Pliny the Elder is extremely important in business and the introduction to Professor Sam Savages’ new book, The Flaw of Averages. If you do stupid things in the face of liability, even small probabilities can make a big difference. Even a 1 in 1…
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