You Pay $1,000 to Flip a Two-Sided,fair Coin at the Local

question 2

Multiple Choice

You pay $1,000 to flip a two-sided,fair coin at the local fair.If you flip heads,you walk away with $3,000,a return of 200%.However,if you flip tails,you walk away with $250,a return of -75%.What is the standard deviation of the returns?

• A) 0.1375%
• B) 1.375%
• C) 13.75%
• D) 137.5%
• E) 1,375%