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Math 80 Quiz 14 PRINT Name: Show all your work. No work, No credit !! Jerry wants to go to the horse races on the
Math 80 Quiz 14 PRINT Name: Show all your work. No work, No credit !! Jerry wants to go to the horse races on the weekend and wants to bet on Horse A to win in the first race and Horse B to win in the second race. Suppose the probability of Horse A's winning is 0.01, and $105 will be paid on a $5 ticket; and the probability of Horse B's winning is 0. 03, and $96 will be paid on a $6 ticket. Assuming the horse races are independent. Find the standard deviation of the net winning/loses of Jerry on the horse races
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