Bespin Car Rental predicts that the annual probability of one of its cars being ...

      Bespin Car Rental predicts that the annual probability of one of   its cars being destroyed in a crash is 1 in 1,000,000. If destroyed, the   value of the property damage to the car equals $45,000. Assume that there are   no partial losses; the car is either destroyed in a crash or suffers no loss.   A) Show the   physical damage loss distribution for Bespin Car Rental’s automobiles and   calculate the expected value of the physical damage loss.   B) Show the   calculations for the variance and the standard deviation.