ANSWER:
1.0
STEP-BY-STEP EXPLANATION:
Given:
p = 1% = 0.01
q = 1 - p = 1 - 0.01 = 0.99
n = 100
The standard deviation is calculated using the following formula:
[tex]\begin{gathered} \sigma=\sqrt{n\cdot p\cdot q} \\ \\ \text{ We replace each value and obtain the standard deviation:} \\ \\ \sigma=\sqrt{100\cdot0.01\cdot0.99} \\ \\ \sigma=\sqrt{0.99} \\ \\ \sigma=0.99498 \\ \\ \sigma=0.995\rightarrow1\text{ decimal place}\rightarrow1.0 \end{gathered}[/tex]Therefore, the standard deviation is equal to 1.0