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Assume that United Delivery Service (UDP), a mail service company, has distribution centers all along the East coast. UDP uses a fleet of 500 delivery
Assume that United Delivery Service (UDP), a mail service company, has distribution centers all along the East coast. UDP uses a fleet of 500 delivery trucks in its operations dispersed among the various distribution centers. From past information the Chief Risk Officer for UDP has constructed the following probability distribution for the number of losses per truck per month. a. Calculate expected value of frequency per truck per month. (3 points)
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