Hershey candy sends out $500,000$ boxes of candy a month across their entire

organization. The risk management department of Hershey collects data and is

making projections on how many candy bars in a box are damaged. They are using

data on boxes sent out of their Claymont Delaware facility to make projections for

their entire company. The Claymont facility sends out $20,000$ boxes a month and

we will use that to make projections over the entire company wide total boxes of

$500,000$ a month. Below represents the collected data we will use to make

projections. The data represents candy bars damaged per box each month at

Claymont

# of candy bars damaged

# of boxes that have that

loss amount

$08000$

$1?????$

$23000$

$32000$

$4800$

$5200$

a$.$ Calculate expected frequency of damaged candy bars per box per

month. $(3$ points$)$

Not all boxes of candy have the same price $$ the value of the candy varies.

Below is information collected on the values of the damaged candy in the study

Candy Value

# of boxes having these

losses

$$340\%$

$$730\%$

$$1015\%$

$$1210\%$

$$155\%$

b$.$ Calculate expected Severity of the damaged candy per box per month $(3$

points$)$

c$.$ Calculate the expected value of loss per box per month $(3$ points$)$

d$.$ Calculate the expected value of loss per box per month for the entire

Hershey organization $(2$ points$)$