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Given the following frequency and severity distributions, determine the total loss distribution and calculate the mean of each distribution (frequency, severity, and total). Frequency

Given the following frequency and severity distributions, determine the total loss distribution and calculate

Given the following frequency and severity distributions, determine the total loss distribution and calculate the mean of each distribution (frequency, severity, and total). Frequency No. of Losses Probability 50% 012 40% 10% Severity Loss Amount Probability 30% 50% 20% $1,000 $3,000 $9,000

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