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The cost of damage from natural disasters in a given city is a random variable, X , with possible values of 1,2,3,4,5 millions with pmf
The cost of damage from natural disasters in a given city is a random variable, X , with possible values of 1,2,3,4,5 millions with pmf given by HI} = or\". :1. Find a. h. Compute the mean and standard deviation of X c. Compute the proportion of damages costs that will fall within one standard deviation of the average
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