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Suppose that Thomas Lee's insurer views him as having the following loss distribution: Loss =$6000000 with probability 0.01 $100000 with probability 0.02 $30000 with probability

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Suppose that Thomas Lee's insurer views him as having the following loss distribution: Loss =$6000000 with probability 0.01 $100000 with probability 0.02 $30000 with probability 0.03 S0 with probability 0.94 Thomas Lee believes his probability for $0 loss is .97 ) 10.2381% 110.2381% 120.4762% 220.4762% None of the above

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