Question: obability in Statistics y by 11:59pm Points 10 Submitting an external tool Question A flood insurance company sells policies for $700 per year. If

obability in Statistics y by 11:59pm Points 10 Submitting an external tool Question A flood insurance company sells policies for $700 per year. If a customer's house is flooded, they are given $250,000 for 1 repairs. The insurance company has calculated the chances that a house is flooded to be over the year. How much 2,500 money can the insurance company expect to make with each policy sold? Round your answer to the nearest cent. Enter an expected loss as a negative number. Provide your answer below:

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