Find the standard deviation of the amount you might win drawing a card in Exercise 11. Exercise

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Find the standard deviation of the amount you might win drawing a card in Exercise 11.
Exercise 11
You draw a card from a deck. If you get a red card, you win nothing. If you get a spade, you win $5. For any club, you win $10 plus an extra $20 for the ace of clubs.
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Stats Data And Models

ISBN: 662

4th Edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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