Multiple Choice
A slot machine at a casino pays out an average of $0.93,with a standard deviation of $120.It costs a dollar to play.If a person plays 10 times,what are the mean and standard deviation of the casino's profit?
A) μ = $9.30,σ = $379.47
B) μ = $0.70,σ = $12,000
C) μ = $9.30,σ = $1200
D) μ = $0.70,σ = $1200
E) μ = $0.70,σ = $379.47
Correct Answer:
Verified
Correct Answer:
Verified
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