Frequency		Severity
#of claims	Prob	Loss	Prob
0	0.5	500	0.6
1	0.3	3000	0.3
2	0.2	5000	0.1

1a. What is the probability of having a 5,500 aggregate loss?

1. 0.024

2. 0.012

3. 0.7

4. 0.14

1b. Given the following frequency and severity distributions, what is the standard deviation of aggregate loss?

1. 1866.79

2. 2371.23

3. 1650.30

4. 2283.51