given the following probability distribution what is the expected valu
Brandybuck Insurance Company (BIC) is deciding whether to insure the lives of those
leading a quest to Moria. Based on past experience, the probability of surviving such
a quest is 80.9%. If BIC charges a premium of 5,774 silver coins and would pay a
death benefit of 48,509 silver coins if the insured were to die, what is the expected
value of this insurance policy to BIC?
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