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The Federal Aviation Administration FAAA) demands insurance sufficient to cover its calculation of a maximum probable loss, averaging around $100m per launch.
In terms of indicators for risk assessment and monitoring, the private sector has been developing industry standards on risk assessment and financing for decades including metrics such as Annual Average Loss and Maximum Probable Loss, but these metrics are not widespread in the public sphere.
The study aimed to evaluate the performance of Monte Carlo and quasi-Monte Carlo simulation methods to calculate total index and VAR of stock market to quantify the maximum probable loss with the lowest percentage error for the investment in stock market by considering the volatilities in the market.
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VAR is a statistical criterion presenting quantitatively the maximum probable portfolio loss incurred during a definite period [5].
Using the experience gained in the reinsurance industry, it calls on public and private institutions to undergo stress tests, which would include reporting their maximum probable annual losses due to extreme events, against their current assets and operations.
These values are used to calculate the minimum and maximum probable human losses.
To achieve this goal, it is needed to calculate the maximum probable heat losses from the glass micromodel as was described in the previous section.
The calculation of the modified F&EI involves the credit factors of process protection measures, whereas the determination of the maximum probable property damage incorporates the loss reduction measures.
Even a 2C world involves the probable loss of Arctic sea ice for much of the year (and 4C for most of it), which will ensure maximum methane release from the exposed shallow seas of the continental shelves.
Description based on imperfect impression; sheet trimmed within plate mark with probable loss of text.
But Labour's probable loss next year may trigger a fight for the party's soul.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com