Kio Outfitters estimated the following losses and probabilities from past experience:

What is the probability Kio will experience a loss of $5,000 or greater? If an insurance company offers a What is the probability Kio will experience a loss of $5,000 or greater? If an insurance company offers a

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Loss ($) 30,000 15,000 10,000 5,000 1,000 250 0 Probability (%) 0.25 0.75 1.50 2.50 5.00 15.00 75.00