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Consider the following possible outcomes and their probabilities: Probability Outcome Outcome A 60% $5 Outcome B 40% $3 What is the standard deviation of this

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Consider the following possible outcomes and their probabilities: Probability Outcome Outcome A 60% $5 Outcome B 40% $3 What is the standard deviation of this probability distribution? Report your answer rounded to the fourth decimal place (e.g., 1.2345)

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