An insurance company sells an automobile policy with a deductible of one unit. Let X be the amount of the loss having p.m.f.

.9 x=0

f(x) = {

(C/x) x=1,2,3,4,5,6 (where C is a constant)

Determine C and the expected value the insurance company must pay

.9 x=0

f(x) = {

(C/x) x=1,2,3,4,5,6 (where C is a constant)

Determine C and the expected value the insurance company must pay

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