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16 Myers Business Systems is evaluating the introduction of a new product. The possble levels of sales and the probabilities of the occurrence are given

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16 Myers Business Systems is evaluating the introduction of a new product. The possble levels of sales and the probabilities of the occurrence are given next 2 points Possible market HOLD Lo response Moderate pense Hach response Very high tempo Site Units 23 to SS Drobabilities 0.20 0.30 0.30 0.30 DOR Pri a. What is the expected value of net sales for the new product? (Do not round Intermediate calculations and round your answer to the nearest whole unit.) Expected value units b. What is the standard deviation of unit Sales? (Do not round intermediate calculations. Round your answer to 2 decimal places) 16:24 !!! Me MC b. What is the standard deviation of unit sales? (Do not round intermediate calculations. Round your answer to 2 decimal places) Standard deviation units Prey 16 of 24 HE Next >

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