Let us come back to Section 1.1. Suppose that in area 0, the living expenses of a
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Let us come back to Section 1.1. Suppose that in area 0, the living expenses of a citizen chosen at random is a r.v. with a mean of 10 (units of money) and a standard deviation of 1. For area 1, the corresponding characteristics are 9 and 2, respectively. Find the mean and standard deviation of the living expenses of a randomly chosen citizen in the first year.
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