| Tag | Value |
|---|---|
| file | Probability_uva-general-rules-1176-en_uva-general-rules-1176-en |
| name | uva-general-rules-1176-en |
| section | Probability/Elementary Probability/General Rules |
| type | schoice |
| solution | FALSE, FALSE, TRUE, FALSE |
| Type | Conceptual |
| Language | English |
| Level | Statistical Literacy |
| IRT-Difficulty | 3.014 |
| p-value | 0.2945 |
You buy 15 lottery tickets for €1 each. With each lottery ticket you have a chance of 0.06 to win €10. If you take into account the cost of the lottery tickets, what is the standard deviation of your profit?