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of losses when packages do get From past information, MP] has constructed the following distribution related to dollar amount of losses when packages do get

of losses when packages do get

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From past information, MP] has constructed the following distribution related to dollar amount of losses when packages do get lost. 55 amount of losses Probabilit of dollar loss a. Calculate the expected value of severity for MP]. {1 point). b. Calculate the expected loss per small business per month. {1 point)

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