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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.
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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