Name ______________________

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For homework. (It's due next class BEFORE the test, but complete it today, if possible):

    d.) Write and answer an expected value problem with 2 events which lose money and 1 event in which money is won.

    e.) Write and answer compute a mean and standard deviation problem having no more than 5 pieces of data.

 

d.) Given a game with 2 losing outcomes and 1 winning outcome find the expectation, expected value.

 

 

e.) Given 5 data points, compute the mean and standard deviation.