The Tri-State Pick 3 Refer to Exercise 52. Find the mean and standard deviation of the

Chapter 6, Problem 56

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QUESTION:

Refer to Exercise 52. Find the mean and standard deviation of the difference (you - your friend) in winnings. Show your work.

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QUESTION:

Refer to Exercise 52. Find the mean and standard deviation of the difference (you - your friend) in winnings. Show your work.

ANSWER:

Step 1 of 2

Given: Let Y represent your winnings and let Z represent your friend's winnings.

\(\begin{aligned} \mu_{Y} & =2.50 \\ \sigma_{Y} & =79 \\ \mu_{Z} & =2.50 \\ \sigma_{Z} & =42.26 \end{aligned}\)

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