Question: GSB 519 Summary Sheet for Assignment 5 1. a. mean 5.5 b. median 5 c. mode 5 d. variance 3.25 e. standard deviation 1.8028 f.

GSB 519 Summary Sheet for Assignment 5 1. a. mean 5.5 b. median 5 c. mode 5 d. variance 3.25 e. standard deviation 1.8028 f. skewness 1.779 g. kurtosis 4.9756 h. coefficient of variation .3277 i. the value of the distribution function F(x) when x = 65.5 j. total probability is contained within two standard deviations of the mean 2. (a) The expected value of playing the St. Petersburg game? Infinite (b) What is the expected payout of this game? What is the most you would pay to play the game

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