Cameron's car worth $20000 and the probability of Cameron totaling the car during the length of the policy is estimated to be 0.3%. Cameron has purchased the insurance policy from insurance company to cover the value of the car in case if it gets totaled for the price of $1100 per year. Let X\displaystyle {X}  be the insurance company's profit. Answer the following questions:

1. Create the probability distribution table for X\displaystyle {X} :

 X\displaystyle {X}  outcome profit x\displaystyle {x} ,$  P(X=x)\displaystyle {P}{\left({X}={x}\right)} 
  car is totaled
 

car is not totaled

2. Use the probability distribution table to find the following:

    1.  μX=\displaystyle \mu_{{X}}=
    2.  σX=\displaystyle \sigma_{{X}}=\displaystyle