CrsvrBryan64711 CrsvrBryan64711
  • 21-02-2024
  • Mathematics
contestada

A group of 900 people have a similar problem. The statistical probability of this problem happening to an individual in their unique group in the next year is 7%, and the average damages are $14,000.
What is the expected total cost of damages for this group of 900 people in the next year?

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