A slot machine at a casino pays out an average of $0.93,with a standard deviation of $120.It costs a dollar to play.If a person plays 10 times,what are the mean and standard deviation of the casino's profit?
A)μ = $9.30,σ = $379.47
B)μ = $0.70,σ = $12,000
C)μ = $9.30,σ = $1200
D)μ = $0.70,σ = $1200
E)μ = $0.70,σ = $379.47

Question

Quizplus · Accepted Answer

The Answer of A slot machine at a casino pays out an average of $0.93,with a standard deviation of $120.It costs a dollar to play.If a person plays 10 times,what are the mean and standard deviation of the casino's profit?
A)μ = $9.30,σ = $379.47
B)μ = $0.70,σ = $12,000
C)μ = $9.30,σ = $1200
D)μ = $0.70,σ = $1200
E)μ = $0.70,σ = $379.47

A Slot Machine at a Casino Pays Out an Average