Question: Random variable B) Interpret the first column in context Exercise#9 You're about to play a new casino, in which the probability of winning 10$ is

Random variable

Random variable B) Interpret the first column in context Exercise#9 You're about

B) Interpret the first column in context Exercise#9 You're about to play a new casino, in which the probability of winning 10$ is 20%, and the probability of losing 25 is 80% In this context. "The possible profit from the game" is a random variable. A) Draw a graph showing all the values and probabilities of this random variable B) Interpret the second column in context C) Calculate the expected value and standard deviation D) Interpret the expected value in context E) Interpret the standard deviation in context Exercise#10 A small company has 10 employees. Three of the employees earn 10005 a month and the rest of the employees make 20005. You want to randomly choose one employee from this organization. In this context, "The salary of a randomly chosen employee" is a random variable A) Draw a graph that shows the values and probabilities of this random variable B) Interpret the second column of your graph in context Calculate the expected value and standard deviation D) Interpret the expected value in context Interpret the standard deviation in context Exercise#1 1 A small box contains 10 55 bills. 5 105 bills and 5 205 bills. You are about to choose one bill from this box. In this context, "The possible value of a randomly chosen bill" is a random variable. A) Construct a graph that shows all the values and probabilities of this random variable Bj Interpret the first column of your graph in context C) Calculate the expected value and standard deviation of this random variable DJ Interpret the expected value in context

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