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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
- -2
- 0
- 1.5
- none of the above
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