Insurance companies use probability and expected value to determine their rates.Suppose that 250,000 out of 1,000,000 drivers between the ages of 18...

Insurance companies use probability and expected value to determine their rates. Suppose that 250,000 out of 1,000,000 drivers between the ages of 18 and 22 had a car accident. If the average accident cost the insurance company $1,500 and the insurance company charges $800 for an insurance policy, what is the company's expected profit per policy?