please included standard deviation numbers

2:50 Search 4. Considering the following descriptions of pooling arrangements: (a). the expected loss for each participant is $50,000 and losses for the 50 participants are uncorrelated (b). the expected loss for each participant is $50,000 and losses for the 100 participants are uncorrelated. (c). the expected loss for each participant is $50,000 and losses for the 100 participants are correlated. Sketch the probability distribution for average losses for the pooling arrangement (a) and the pooling arrangement (b). Label your graph. Sketch the probability distribution for average losses for the pooling arrangement (b) and the pooling arrangement (c). Label your graph. 2:50 Search 4. Considering the following descriptions of pooling arrangements: (a). the expected loss for each participant is $50,000 and losses for the 50 participants are uncorrelated (b). the expected loss for each participant is $50,000 and losses for the 100 participants are uncorrelated. (c). the expected loss for each participant is $50,000 and losses for the 100 participants are correlated. Sketch the probability distribution for average losses for the pooling arrangement (a) and the pooling arrangement (b). Label your graph. Sketch the probability distribution for average losses for the pooling arrangement (b) and the pooling arrangement (c). Label your graph