Question 49

BTNAT2 marksNeeds review
A new game is being introduced in a casino. A player can lose Rs. 100, break even, win Rs. 100, or win Rs. 500. The probabilities (P(X)) of each of these outcomes (X) are given in the following table:
X (in Rs.)
-100
0
100
500
P(X)
0.25
0.5
0.2
0.05
The standard deviation (σ) for the casino payout is Rs. ______ (rounded off to the nearest integer).

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2019BT

GATE BT 2019 · Paper 1

Biotechnology · Original paper archive

Section
Biotechnology
Question type
Numerical answer (NAT)
Marks
2 marks

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