Probability and Statistics Case - Summer 2020 A company has 100 exposure units each facing the following frequency and severity distributions. Using these distributions, calculate the company's total loss distribution, showing all possible outcomes and their associated probabilities. Calculate the mean and standard deviation of the total loss distribution. Use this information to calculate the company's maximum probably loss using both Chebychev's Theorem and the Normal Approximation. {Use a condence level of 92%.) Upload your answers in the Assignments section of D2L no later than 11:59 pm on Wed. July 15\". Frequency Distribution Severity Distribution # of Losses Probability Amount of Loss Probability 0 32% $ 825 27% 1 50% $5,000 51% 2 18% $9,175 22%