Whenever we encounter the $[*]$, the variable $s$ holds the sum of all elements $b[0]$ to $b[i-1]$.
When we first enter the loop, $i=0$, and $s$ doesn't have any elements summed up.
When we last enter the loop, $i = (N-1)$ and $s$ contains the sum of elements $b[0]$ through $b[N-2]$.
We leave the loop when $i=N$, and $s$ gets the sum of elements $b[0]$ to $b[N-1]$
The only option that matches this behavior is option E.
$$s = \sum\limits^{i-1}_{j=0}b[j] \;\&\; 0 \leq i \leq N$$