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During March Madness 64 teams will compete for the championship. I decide to place bets on all 32 games in the first round. Each bet
During March Madness 64 teams will compete for the championship. I decide to place bets on all 32 games in the first round. Each bet is handicapped by a point spread so that the probability I win any bet is 50%.
What is the standard deviation of my winnings?
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