To find the expected return from the insurance company, we need to calculate the expected value $E(X)$ of the random variable $X$, which represents the amount of money received from the insurance company.

Here, $X$ can take on two values:

1. $X = 0$ if the painting is not stolen.
2. $X = 5000$ if the painting is stolen.

The probability $P$ that the painting will be stolen during the year is given as 0.03, and the probability that it will not be stolen is $1 - 0.03 = 0.97$.

The expected value $E(X)$ is calculated as follows:

$E(X) = (0 \times 0.97) + (5000 \times 0.03)$

$E(X) = 0 + 150$

$E(X) = 150 \text{ dollars}$

Thus, the expected return from the insurance company is $\$150$.

If you have any questions or want more details, let me know. Here are 5 related questions you might ask:

1. How do you calculate expected value in probability?
2. What is the significance of expected value in insurance?
3. Can you explain other examples of expected value in real-life scenarios?
4. How does probability affect insurance premiums?
5. What is the difference between empirical and theoretical probability?

Tip: Always verify the given probabilities and conditions to ensure accurate calculations in probability-related problems.