Question: Please use an excel spreadsheet to work it out and attach it. 1. Compute use 20. The probability distribution for damage claims paid by the

Please use an excel spreadsheet to work it out and attach it.

Please use an excel spreadsheet to work it out and attach it.

1. Compute use 20. The probability distribution for damage claims paid by the Newton Automobile Insurance Company on collision insurance follows. Payment ($) Probability 0 85 500 1000 3000 5000 8000 10000

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