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The table shows claims and their probabilities for an insurance company. Use the table to answer parts a through c. Amount of claim (to

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The table shows claims and their probabilities for an insurance company. Use the table to answer parts a through c. Amount of claim (to the a. Calculate the expected value. Probability nearest $50,000) $0 0.65 $50,000 0.23 $100,000 0.07 $150,000 0.03 $200,000 0.01 $250,000 0.01

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