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Assume that the probability of a security breach is 2 percent. The chance of your computer system being damaged during such an attack is: A

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Assume that the probability of a security breach is 2 percent. The chance of your computer system being damaged during such an attack is: A percent. If the system is damaged, the average estimated damage will be $30 million. What is the expected loss in dollars? In the above question, an insurance agent is willing to insure your facility for an annual fee of $40.000.00. Should the company accept the offer based on the cost benefit analysis? Answer Questions 38 and 39 based on the above information, Describe the process of calculation (formula) with this answer. If this answer is incorrect, no credit for the 39 answer. Do you accept or Accept or Reject the insurance company offers and the reason is? Edit Format Table

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