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Find the standard deviation of the gambling machine with the following distribution. Profit X -1 4 Probability P(X) 0.9 0.1 Hint: the distribution has mean

Find the standard deviation of the gambling machine with the following distribution.

Profit X

-1

4

Probability P(X)

0.9

0.1

Hint: the distribution has mean = -0.5

  1. -2
  2. 0
  3. 1.5
  4. none of the above

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