7. Two students are enrolled in RMI 2101. Jessica has a 3.8 GPA and Colleen has a 2.0 GPA. Jessica has a variance of 0.5 and Colleen has a variance of 0.4 mathematically prove and identify who faces the most risk. You must show the calculation for each student to receive any points. (3 points) 5. From past information, you collect the following data related to dollar amount of losses per plane per day when delays to do occur for Jet Blue. $ amount of losses 1,500 2,000 3,000 5,000 Probability of dollar loss 0.20 0.35 0.40 0.05 a. b. Calculate the expected value of severity for Jet Blue. (2 points). Calculate the expected loss per plane per day. (1 point)

answer correctly please