PS.P.2.b

Calculate and interpret the mean (expected value) and standard deviation for a discrete random variable within the context of a problem.

Example Problems
A fair coin is flipped 5 times. Let be the number of heads. What is the expected value of ?
In a game you roll a fair six-sided die. You receive (3 times the number showing) dollars minus 5 dollars. What is the expected payout?
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Find the indicated probability.
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