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6 Payout Probability Expected Return LA $ Risk pooling Une Fire 420 $ (199,580) 99.8000% No Fire 0.1999 % Variance d. What are the expected
6 Payout Probability Expected Return LA $ Risk pooling Une Fire 420 $ (199,580) 99.8000% No Fire 0.1999 % Variance d. What are the expected value, variance, and standard deviation of your profit? (Do not round inter standard deviation to the nearest whole number.) IWO Fires Standard Deviation $ (399,580) 0.0001 % e. Compare your answers to (b) and (d). Did risk pooling increase or decrease the variance of your pr the total variance of profit
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