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lyudmila [28]
3 years ago
9

Assume Fred faces a potential liability exposure. The standard deviation of the probability distribution for the loss equals $12

,000. Assume Fred joins a risk pool with 899 other people with the same loss distribution whose losses are independent of each other. As one of 900 pool members, Fred's Risk equals which of the following?
a. $0
b. $400
c. $900
d. $1200
e. None of the above
Business
1 answer:
makvit [3.9K]3 years ago
6 0

Answer:

$400

Explanation:

The Answer is B

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