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ABC company owns 10,000 cars and has determined that it is very likely to suffer between 60 and 70 collision losses this year. XYZ company
ABC company owns 10,000 cars and has determined that it is very likely to suffer between 60 and 70 collision losses this year. XYZ company also owns 10,000 cars and has determined that it is likely to experience 50 to 80 collision losses this year. Compute the degree of risk for each company, assuming that the companies expect to suffer 65 losses each.
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