3 years ago

Dont know what to do.

Mathematics

1 answer:

Aleksandr [31]3 years ago

8 0

9514 1404 393

Answer:

512 million

Step-by-step explanation:

Expected value is the sum of the products of probability and the value associated with that probability. Here, it is the sum ...

0.4(390) +0.4(890) +0.2(0) = 512 . . . million

The expected value of the loss over a 5-year period is $512 million.

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