Q$6$ and Q$7$ are based on #$17$ in Chapter $5$ in the textbook. The probability distribution for damage claims paid by the Newton Automobile Insurance Company on collision insurance is as follows.

q$6$

Using the expected collision payment, what is the collision insurance premium that would enable the company to break even?

Question $6$ options:

A$)$

$4000$

B$)$

$430$

C$)$

$3929$

D$)$

None of above