. Suppose your company sells auto insurance with a deductible ofdand with no restric-tion on maximal payment. Suppose that the probability of a loss event during a yearis 0.01, and the probability that two loss events will occur is negligible. Assume alsothat the distribution of the loss in the case of a loss event is closely approximated bythe exponential distribution with a mean of $2000. There are 7000 policy holders inthis group. Use IRM to answer the following questions:a) What is the expected total loss, E(S)