Ten is 5% of what number? 50 5 200 500
2 answers:
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Given:
Consider the given expression is:
To find:
The simplified form of the given expression.
Solution:
We have,
Using distributive property, it can be written as:
Therefore, the correct option is A.
Answer:
The expected loss is $275 million.
Step-by-step explanation:
Expected loss can be determined as the sum of the product of each possible loss by the its probability of occurence. In this situation, there are only two possible losses listed since the probability of no loss doesn't add any value to the expected loss and should be disregarded.
Expected loss (in millions) = EL
The expected loss is $275 million.