Can I please get the right answers!

Problem 6-25 (Static) Neighborhood Insurance sells fire insurance policies to local homeowners. The premium is $110, the probability of a fire is 0.1%, and in the event of a fire, the insured damages (the payout on the policy) will be $100,000. Required: a. Make a table of the two possible payouts on each policy with the probability of each. (Negative answers should be indicated with a minus sign.) Answer is complete but not entirely correct. Outcome Outcome A: B: No Fire Fire! 110$ 99,890 X Payout b. Suppose you own the entire firm, and the company issues only one policy. What are the expected value, variance, and standard deviation of your profit? (Do not round intermediate calculations. Round your standard deviation to the rest whole number.) Answer is complete and correct. Variance Expected Return 10 Standard Deviation 3,161 9,990,000 c. Now suppose your company issues two policies. The risk of fire is independent across the two policies. Make a table of the three possible payouts along with their associated probabilities. (Negative answers should be indicated with a minus sign. Round your "Probability" answers to 4 decimal places.) Answer is complete but not entirely correct. Outcome: No Fire $ 220 Payout Probability Outcome: One Fire $ (100,220) X 0.0009 X % Outcome: Two Fires $ (199,780) 0.0001 0.9980 % % d. What are the expected value, variance, and standard deviation of your profit? (Do not round intermediate calculations. Round your standard deviation to the nearest whole number.) Answer is complete but not entirely correct. Variance Expected Return $ 20 Standard Deviation 8,942 X 9,023,129 X f. Continue to assume the company has issued two policies, but now assume you take on a partner, so that you each own one-half of the firm. Make a table of your share of the possible payouts the company may have to make on the two policies, along with their associated probabilities. (Negative answers should be indicated with a minus sign. Round your "Probability" answers to 4 decimal places.) Answer is complete but not entirely correct. Outcome: No Fire 110 0.9999 % % Payout Probability Outcome: One Fire $ (499,890) 0.0001 Outcome: Two Fires $ (99,890) 0.0000 % % g. What are the expected value and variance of your profit? Answer is not complete. Expected Variance Return $ (390) 249,750,000 X Standard Deviation Problem 6-25 (Static) Neighborhood Insurance sells fire insurance policies to local homeowners. The premium is $110, the probability of a fire is 0.1%, and in the event of a fire, the insured damages (the payout on the policy) will be $100,000. Required: a. Make a table of the two possible payouts on each policy with the probability of each. (Negative answers should be indicated with a minus sign.) Answer is complete but not entirely correct. Outcome Outcome A: B: No Fire Fire! 110$ 99,890 X Payout b. Suppose you own the entire firm, and the company issues only one policy. What are the expected value, variance, and standard deviation of your profit? (Do not round intermediate calculations. Round your standard deviation to the rest whole number.) Answer is complete and correct. Variance Expected Return 10 Standard Deviation 3,161 9,990,000 c. Now suppose your company issues two policies. The risk of fire is independent across the two policies. Make a table of the three possible payouts along with their associated probabilities. (Negative answers should be indicated with a minus sign. Round your "Probability" answers to 4 decimal places.) Answer is complete but not entirely correct. Outcome: No Fire $ 220 Payout Probability Outcome: One Fire $ (100,220) X 0.0009 X % Outcome: Two Fires $ (199,780) 0.0001 0.9980 % % d. What are the expected value, variance, and standard deviation of your profit? (Do not round intermediate calculations. Round your standard deviation to the nearest whole number.) Answer is complete but not entirely correct. Variance Expected Return $ 20 Standard Deviation 8,942 X 9,023,129 X f. Continue to assume the company has issued two policies, but now assume you take on a partner, so that you each own one-half of the firm. Make a table of your share of the possible payouts the company may have to make on the two policies, along with their associated probabilities. (Negative answers should be indicated with a minus sign. Round your "Probability" answers to 4 decimal places.) Answer is complete but not entirely correct. Outcome: No Fire 110 0.9999 % % Payout Probability Outcome: One Fire $ (499,890) 0.0001 Outcome: Two Fires $ (99,890) 0.0000 % % g. What are the expected value and variance of your profit? Answer is not complete. Expected Variance Return $ (390) 249,750,000 X Standard Deviation