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Question 4 1 pts An insurance for an appliance costs $51 and will pay $491 if the insured item breaks plus the cost of the

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Question 4 1 pts An insurance for an appliance costs $51 and will pay $491 if the insured item breaks plus the cost of the insurance. The insurance company estimates that the proportion 0.04 of the insured items will break. Let X be the random variable that assigns to each outcome (item breaks, item does not break) the profit for the company. A negative value is a loss. The distribution of X is given by the following table. X 51 -491 p(x) 0.04 Complete the table and calculate the expected profit for the company. In other words, find the expected value of X

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