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Business, 01.02.2021 21:20 tsunommygames

An insurance company sells an automobile policy with a deductible of one unit. Let X be the amount of the loss having pmf f(x) = 0.9, x = 0, c x , x = 1, 2, 3, 4, 5, 6, where c is a constant. Determine c and the expected value of the amount the insurance company must pay.

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