QUESTION 6 Find the standard deviation for the following probability distribution. Note that you will need to calculate the expected value first, although I am only asking for the standard deviation. Round your answer to the nearest whole dollar. Possible Outcome $0 Frequency of Occurrence 40 30 $200 $400 30 a. $313 b. $166 c. $46 d. $200 QUESTION 7 Brad started a pest control business. To protect his personal assets against liability arising out of the business, Brad incorporated the business. Brad's use of the corporate form of organization to shield against personal liability claims illustrates a. noninsurance transfer. b. objective risk. c. fundamental risk. d. risk retention