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QUESTION

Imagine you are in a game show.There are 10 prizes hidden on a game board with 100 spaces.One prize is worth $50, three are worth $20, and another...

$50

b.    What is your expected winning or loss in this game?  Be specific in your answer whether it's winning or loss.  (Show your work and round the answer to two decimal places)

c.    What is the standard deviation of the probability distribution?  (Show your work and round the answer to two decimal places)

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