5. We assume 4 people having same distribution. The pooling arrangement between 4 people is given as following, Loss = Outcome $10,000 $7,500 $5,000 $2,500 $0 Probability 0.000006 0.000475 0.014 0.171 0.815 a. Calculate the Expected value b. Calculate variance and Standard deviation c. Compare your results to those of question 3 and 4 (C). Interpret your results