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Amount of claim (to the nearest Probability The table shows claims and their $50,000) probabilities for an insurance company. Use the table to answer $0
Amount of claim (to the nearest Probability The table shows claims and their $50,000) probabilities for an insurance company. Use the table to answer $0 0.65 parts a through c. $50,000 0.21 $100,000 0.08 $150,000 0.02 $200,000 0.02 $250,000 0.02 a. Calculate the expected value. $ O
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