Question: Please just answer the question 5 and 6 for me. Thank you!!!! 3 is just the background information 3: Amazon owns trucks used for cargo

Please just answer the question 5 and 6 for me.

Please just answer the question 5 and 6 for me. Thank you!!!! 3 is just the background information

3: Amazon owns trucks used for cargo shipment. In the course of their activities, Amazon sustains losses in the form of property damages to their trucks. Assume that Amazon owns a truck station located in Pennsylvania (PA) and also another station in New Jersey (NJ). The PA station has 250 trucks. Amazon has the following yearly data for the number of accidents per truck in the PA station. Accidents per Truck #of Trucks 126 5: Now based on the information in PA station, Amazon has constructed the following informa- tion related to the dollar amount of losses for the 165 reported accidents. # of accidents $ Amount of Losses 1800 2000 2500 2800 3000 - Calculate the expected value of severity. (1pt) - Calculated the expected loss per truck. (1 pt) 6: Amazon also has the following data for the number of accidents per truck in the NJ station. The NJ station has 180 trucks. Which truck station is riskier, PA station or NJ station? And why? Show all calculations and explain your numerical results. (2 pts) Accidents per Truck # of Trucks 23 3: Amazon owns trucks used for cargo shipment. In the course of their activities, Amazon sustains losses in the form of property damages to their trucks. Assume that Amazon owns a truck station located in Pennsylvania (PA) and also another station in New Jersey (NJ). The PA station has 250 trucks. Amazon has the following yearly data for the number of accidents per truck in the PA station. Accidents per Truck #of Trucks 126 5: Now based on the information in PA station, Amazon has constructed the following informa- tion related to the dollar amount of losses for the 165 reported accidents. # of accidents $ Amount of Losses 1800 2000 2500 2800 3000 - Calculate the expected value of severity. (1pt) - Calculated the expected loss per truck. (1 pt) 6: Amazon also has the following data for the number of accidents per truck in the NJ station. The NJ station has 180 trucks. Which truck station is riskier, PA station or NJ station? And why? Show all calculations and explain your numerical results. (2 pts) Accidents per Truck # of Trucks 23

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