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QUESTION

Suppose that you have a 5% chance of having a car accident in the next year, and that your loss would be $10,000 if you have a car accident. You have a 95% chance of not having any car accident (loss

Suppose that you have a 5% chance of having a car accident in the next year, and that your loss would be $10,000 if you have a car accident. You have a 95% chance of not having any car accident (loss is $0). Your expected loss from car accident in the next year is $[x] (please enter non-negative numbers for all the blanks in this question); Your standard deviation of car accident loss in the next year is $[y] (please round to the nearest integer and do not contain any comma in your number); The median value of your car accident loss in the next year is $[z].  

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