11 10 Neighborhood insurance sestre Insurance policies to local homeowners. The permis Sto the probability of a Tees and in se event of a fire, the insured damages (the payout on the policy wil be $100.800 a. Suppose you own the entire fem and the company is only one policy. What we the expected payout expected profit, variance and standard deviation of your scenario? (Enter all answers in dollars, rounded to 2 decimal places. Round Profit to the nearest whole dollar) Payouts on one policy Expected Payout Prodt Payout ce Payout Standard Davlation . Now suppose your company es two policies. The risk of tires independent across the woodsMake table of the payout and profit along with the associated variances and standard deviations (Enter all answers in dollars, rounded to 2 decimal places Round Profit to the nearest whole dollar) Total payouts when two policies have been Expected Pay PRE Payout ce Pat Standard Devon c. Continue to assume the company has issued two policies, but now assume you take on a partner, so that you each own one hattor the firm Make a table of the possible payout and profit for the company, along with their associated variances and standard deviations (Enter all answers in dollars, rounded to 2 decimal ploces, Round Profit to the nearest whole doller) Payouts on a half sponsorship of two policies Expected Payout Profit Variance Standard Deviation