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You are considering two different video games for a holiday present for your friend. You won't be able to buy it for another couple weeks,
You are considering two different video games for a holiday present for your friend. You won't be able to buy it for another couple weeks, but you budget $ for the game when it's available. When you look at pricing data online, both games have a mean price of $ but Game # has a standard deviation of $ while Game # has a standard deviation of $ Which of the two games are you more likely to be able to afford?
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Game # because it is guaranteed to cost less than $
Both games should be affordable, since the maximum prices are $ or less
Game # because there is a higher probability the cost will be under $
Game # because it will cost exactly $
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