Reference no: EM131727158

Question: Find the standard deviation for the net gain in the California Decco lottery game in Example.

Example: California Decco Lottery Game Decco is one of the many games played in the California lottery over the years. In this game, a player chooses four cards, one each from the four suits in a regular deck of playing cards. For example, the player might choose "4 of hearts," "3 of clubs," "10 of diamonds," and "jack of spades." The state draws a winning card from each suit. When one or more of the player's choices matches the winning cards drawn, the player wins a prize, the prize amount depending on the number of matches.