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What is the expected loss if, on average a loss occurs 2.5 per year and the average value of losses that do occur is $300,000?

What is the expected loss if, on average a loss occurs 2.5 per year and the average value of losses that do occur is $300,000? O a. $750,000. O b. $450,000 O c. $300,000 O d. $120,000 W
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What is the expected loss if, on average a loss occurs 2.5 per year and the average value of losses that do occur is $300,000 ? a. $750,000. b. $450,000 c. $300,000 d. $120,000

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