Question

What is signification of mitigation

Answer 1

Explanation:

Mitigation is significant in the following ways:

1.It helps in preventing loss of lives during disasters.

2.It heps in controlling economic damages and losses to property.

3.It helps in minimising the long term after-effects of a disaster that have their impact on society.

Answer 2

Answer:

Given a random variable, we often compute the expectation and variance, two important summary statistics. The expectation describes the average value and the variance describes the spread (amount of variability) around the expectation.