[Solution] A bank president is interested in the average number of credit cards that a savings account customer has. Bank records revealed the following percentages


Question: A bank president is interested in the average number of credit cards that a savings account customer has.  Bank records revealed the following percentages (probabilities) of credit cards owned.

Number of          Percentage

Cards, X               P(X)

0                                                                     19%

1                                                                     46%

2 35%

100%

Find the standard deviation of this distribution.

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