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Suppose that to assign participants to their experimental condition, the researchers used an 8-sided die where each number represents one of the eight different
Suppose that to assign participants to their experimental condition, the researchers used an 8-sided die where each number represents one of the eight different combinations of wealth and stakes. Determine the expected value, variance, and standard deviation for the probability distribution of the random variable, x, where x is the outcome of the roll of an 8- sided die. Provide a graph representing this probability distribution.
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