Suppose that you have a 5% chance of having a car accident in the next year, and that your loss would be $10,000 if you have a car accident. You have a 95% chance of not having any car accident (loss is $0). Your expected loss from car accident in the next year is $_____. ( please enter a positive number without any comma and without any dollar sign) Following the above question, your standard deviation of car accident loss in the next year is $____ (please round to the nearest integer and do not contain any comma or dollar sign in your number) Following the first question, the median value of your car accident loss in the next year is $ ____ (please enter a number without dollar sign). Following the first question, the coefficient of variation of your car accident loss in the next year is ______(please round to two decimal places) .
Suppose that you have a 5% chance of having a car accident in the next year, and that your loss would be $10,000 if you have a car accident. You have a 95% chance of not having any car accident (loss is $0).
Your expected loss from car accident in the next year is $_____. ( please enter a positive number without any comma and without any dollar sign)
Following the above question, your standard deviation of car accident loss in the next year is $____ (please round to the nearest integer and do not contain any comma or dollar sign in your number)
Following the first question, the
Following the first question, the coefficient of variation of your car accident loss in the next year is ______(please round to two decimal places) .
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