In many U.S. cities, there is fierce competition in the housing market. As a result, many accepted offers go over the list price of the home. According to Zillow, 40% of U.S. homebuyers paid more than the asking price in 2020. Suppose 23 U.S. home sales from 2020 are randomly selected. Show all work, including any formulas used. Round your answer to three decimal places as necessary.

Find the expected value and standard deviation of this distribution.