Kraft Company has a small plant worth $1,800. The plant is s…

Kraft Company has a small plant worth $1,800. The plant is subject to physical damage. From over 100,000 industry observations, the firm has derived the following probability distribution of fire losses for its plant.   Loss Amount ($) Probability of Loss 0 0.5 300 0.25 1,200 0.15 1,800 0.10 What is the expected value for losses? Please round your answers to the nearest dollar What is the variance for these losses? Please round your answers to one decimal place. What is the standard deviation for these losses? Please round your answers to one decimal place.