Question: We assume two people having same distribution. For these people, we assume also that losses are uncorrelated Loss Outcome Probability 10,000 dollars 0.05 0 0.95
We assume two people having same distribution. For thesepeople, we assume also that losses are uncorrelated
Loss | Outcome | Probability |
| 10,000 dollars | 0.05 |
| 0 | 0.95 |
1- Calculate the variance and Standard deviation
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