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Solve the Problem. -A Police Department Reports That the Probabilities That 0, 1

question 54

Multiple Choice

Solve the problem.
-A police department reports that the probabilities that 0, 1, 2, and 3 burglaries will be reported in a given day are 0.52, 0.40, 0.07, and 0.01, respectively. Find the standard deviation for the probability distribution. Round answer to the nearest hundredth.


Definitions:

State Lotteries

are government-run gambling games that offer large cash prizes, often contributing to public sector funding, including education.

Top Quintile

Refers to the highest fifth or 20% segment of a population arranged based on a specific criterion, such as income or test scores.

Government Expenditures

Total spending by government agencies on goods, services, and public projects.

Crowding Out

A situation in economics where increased public sector spending reduces or eliminates private sector spending.

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