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An automobile insurance company has the following historical data related to claims: 73% of customers will have no claims. 18% of customers will have annual

An automobile insurance company has the following historical data related to claims: 73% of customers will have no claims. 18% of customers will have annual claims averaging $900. 5% of customers will have annual claims averaging $5000. The remaining customers will have claims averaging $80000. Determine the minimum premium the insurance company should charge

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