Скачать или смотреть Exam P #52 | SOA Sample Questions

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In this video, we will look at Sample Question 52 from the Society of Actuaries' Exam P (Probability) list of sample questions.
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The question reads (mainly to help people find this video when searching):

An insurance company sells a one-year automobile policy with a deductible of 2. The
probability that the insured will incur a loss is 0.05. If there is a loss, the probability of a
loss of amount N is K/N, for N = 1, . . . , 5 and K a constant. These are the only possible
loss amounts and no more than one loss can occur.
Calculate the expected payment for this policy.
(A) 0.031
(B) 0.066
(C) 0.072
(D) 0.110
(E) 0.150
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