An car insurance company determined the likelihood of a policy having an accident and the average payout for each level of accident. The results are given in the chart below. Type of Amount of Probability Accident claim No Accident 0.72 $0 Minor /Fender 0.21 $5,000 Bender Medium Crash 0.05 $12,000 Major Accident 0.02 $52,000 Find the Expected Value of a single policy and explain what that value means. Edit View Insert Format Tools Table 12pt v Paragraph B I U A BY Ty