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Problem 3. At The World's Most Dangerous Airport, you can buy flight insurance for $100. It will pay $1,000,000 if the flight crashes, and $100,000

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Problem 3. At The World's Most Dangerous Airport, you can buy flight insurance for $100. It will pay $1,000,000 if the flight crashes, and $100,000 if the flight is hijacked. The probability of a plane crash is .0001 and the probability of a hijacking is .015. Note that only one of these actions will occur for a given flight. Find your expectation if you buy the flight insurance

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