An insurance policy costs $105 per year and insures the items in the policy owner's home against theft for the year in which coverage is purchased. Which of these correctly describes the additional information that the insurance company will need to calculate an expected net return per policy?
The number of policies sold only
The payout to the insured if a theft occurs only
The number of policies sold and the probability of damage occurring to the home
The probability of theft of property from the policy owner's home and the payout to the insured if a theft occurs
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