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MetaA game of chance offers the following odds and payoffs. Each play of the game costs $ 2 0 0 , so the net profit

MetaA game of chance offers the following odds and payoffs. Each play of the game costs $200, so the net profit per play is the payoff less $200.
Probability Payoff Net Profit
0.20 $700 $500
0.402000
0.400200
a-1. What is the expected cash payoff?
Note: Round your answer to the nearest whole dollar amount.
a-2. What is the expected rate of return?
Note: Enter your answer as a percent rounded to the nearest whole number.
b-1. What is the variance of the expected returns?
Note: In the calculation, use the percentage values, not the decimal values for the rates of return. Do not round intermediate calculations. Round your answer to the nearest whole number.
b-2. What is the standard deviation of the expected returns?
Note: Enter your answer as a percent rounded to 2 decimal places.

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