Question: J 2. Based on the information in PA station, Amazon has constructed the following table related to the dollar amount of losses for the 360

J 2. Based on the information in PA station,
J 2. Based on the information in PA station, Amazon has constructed the following table related to the dollar amount of losses for the 360 reported accidents. per loss $ amount of losses # of accidents having this $ amount of losses $200 200 $1500 100 $4000 60 I Derive the probability distribution for severity based on this data. Be careful to label exactly what you are defining as the probability distribution [3 points) Calculate the expected value of severity in the PA station. Show all work. [2 points) a. a b. c. d. Calculate the expected loss per truck in the PA station Show all work. [2 points) Calculate the expected loss for ALL trucks in PA station. Show all work. [2 points)

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