Question: With reference to Exercise 5, Section 4.4 wherein Jimmy participates in a quiz show with multiple choice questions: (i) Calculate the variance for the number

With reference to Exercise 5, Section 4.4 wherein Jimmy participates in a quiz show with multiple choice questions:

(i) Calculate the variance for the number of correct answers that he gives.

(ii) Calculate the variance and standard deviation of Jimmy’s earnings from the show.

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