Answer:
a. 
b. 
c. 
d. 
e. As p approaches 1 , the standard deviation increases (that is, it approaches 0).
Step-by-step explanation:
Solving (a):


Find Mean
Mean is calculated as thus:


Convert percentage to decimal


Solving (b):
Calculate Standard Deviation (SD)
Standard deviation is calculated as thus:


Convert percentage to decimal



Solving (c):
Calculate Standard Deviation if p = 0.7
Using same formula used in (b) above




Solving (d):
Calculate Standard Deviation if p = 0.8
Using same formula used in (b) & (c) above




Solving (e):
What does the working show
In (b)
When p = 0.5
SD = 3.7125
In (c)
When p = 0.7
SD = 3.15
In (d)
When p = 0.8
SD = 2.4
Notice that as the value of p increases, the standard deviation gets closer to 0.