Probability 4. We assume a new distribution of costs (Pooling with 2 people) Loss to Outcomes Neither 0 dollars Ann 5,000 Bob 5,000 Both 10.000 a. Complete the table above b. Calculate the expected value c. Calculate Variance and Standard deviation d. Compare between results of question 3. Interpret We assume two people having same distribution. For these people, we assume also that losses are uncorrelated Outcome Probability Loss 10,000 dollars 0.05 0 0.95