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Sports Injury Insurance Calculator Quiz
Test your understanding of sports injury insurance calculator with randomized questions. Each attempt generates new numbers for a fresh challenge.
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A sports injury policy has a premium of $500. It covers two specific injuries: Injury A with a $14000 payout and a 6.5% probability, and Injury B with a $8000 payout and a 1.75% probability. What is the overall net expected value of this policy, assuming these are mutually exclusive events?