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For this problem, use the fact that the expected value of an event is a probability weighted average, the sum of each probable outcome multiplied

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For this problem, use the fact that the expected value of an event is a probability weighted average, the sum of each probable outcome multiplied by the probability of the event You own a house worth $400,000 that is located on a rivor the river floods moderately, the house will be completely destroyed. This happens about once every yoon you bid wat te verwood have to food how to destroy your house, which only happens about once every 200 years. What would be the annual permum without a wait for an urance policy theoretirano Without a swoll, the annual promom is $10000 (Round your response to the newest whole number) What would be the annual premium with sowol for an insurance policy that offers mano? With a wall the annual premium is 2000. Round your response to the nearest whole number) For a policy that only pays 90% of the home value, what are your expected contawthout ? Without a senwall, the expected cost is $(Round your response to the nearest whole number)

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