8) Find the standard deviation for the given probability distribution. x | P(x) 00.12 1 0.28 2 0.05 3 0.16 4 0.39 A) 2.30 B) 1.52 C) 2.86

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4-5 Probabilities Through Simulations
plve the problem.
8) Find the standard deviation for the given probability distribution.
x P(x)
0 0.12
1 0.28
2 0.05
3 0.16
4 0.39
A) 2.30
B) 1.52
C) 2.86
D) 1.56
9) Suppose you buy 1 ticket for $1 out of a lottery of 1,000 tickets where the prize for the one winning
ticket is to be $500. What is your expected value?
A- $0
9)
Transcribed Image Text:4-5 Probabilities Through Simulations plve the problem. 8) Find the standard deviation for the given probability distribution. x P(x) 0 0.12 1 0.28 2 0.05 3 0.16 4 0.39 A) 2.30 B) 1.52 C) 2.86 D) 1.56 9) Suppose you buy 1 ticket for $1 out of a lottery of 1,000 tickets where the prize for the one winning ticket is to be $500. What is your expected value? A- $0 9)
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