The following table lists the probability distribution for cash prizes in a lottery conducted at Lawson's Department Store. Prize ($) Probability 7 0.25 10 0.3 200 0.25 1000 0.2 If you buy a single...


The following table lists the probability distribution for cash prizes in a lottery conducted<br>at Lawson's Department Store.<br>Prize ($)<br>Probability<br>7<br>0.25<br>10<br>0.3<br>200<br>0.25<br>1000<br>0.2<br>If you buy a single ticket, what is the probability that you win No more than $200<br>Compute the mean<br>Compute the Variance Deviation of this distribution<br>Compute the Standard Deviation of this distribution<br>

Extracted text: The following table lists the probability distribution for cash prizes in a lottery conducted at Lawson's Department Store. Prize ($) Probability 7 0.25 10 0.3 200 0.25 1000 0.2 If you buy a single ticket, what is the probability that you win No more than $200 Compute the mean Compute the Variance Deviation of this distribution Compute the Standard Deviation of this distribution

Jun 11, 2022
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