This Question: 1 pt 2 of 18 (0 complete) v An insurance policy costs $130 and will pay policyholders $9,000 if they suffer a major injury (resulting in hospitalization) or $3000 if they suffer a minor injury (resulting from work). The company estimates that 1 in every 1938 policyholders will suffer a major injury and that 1 in 539 will suffer a minor injury. #) Create a probability model for the profit on a policy. b) What's the company's expected profit on the policy? c) What's the standard deviation? a) First find the probability and profit for each outcome, P(event) Profit no injury major injury minor injury (Round to six decimal places as needed.) b) Find the expected profit on the policy. E(X) = $ (Round to two decimal places as needed.) c) Find the standard deviation on the policy. = SD(X) = $ (Round to two decimal places as needed.) er your answer in each of the answer boxes. II app.honorlock.com is sharing your screen. Stop sharing Hide Exit Hono