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Jim's Medical Equipment Company has a fleet of trucks. Based on historical data the risk manager for Jim's estimates that the expected loss for next

Jim's Medical Equipment Company has a fleet of trucks. Based on historical data the risk manager for Jim's estimates that the expected loss for next year is $25,550 with a variance of $225,000,000. What is the PML (probable maximum loss) for Jim's Medical Equipment Company next year at the 99% confidence level?

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