The following graph shows the bid value and probability of winning an auction for an oil painting under a first-price sealed bid auction with private values. The bidder is willing to pay a maximum of £2000 for the oil painting. Refer to the graph to answer the question. 
The expected value from winning the auction at £1500 is equal to the area _____.
Definitions:
Savings Account
An account at a banking institution, offering the preservation of the initial amount with a low interest return.
Deposit Today
The action of placing money into a financial account with the intention that it starts earning interest or grows in value from today onwards.
Savings
Money set aside for future use that is not currently spent on consumption or expenses.
Correlation Coefficient
A metric that determines the intensity and orientation of a linear connection between two variables.
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