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(a) Lavender Berhad plans to introduce new essential oils products. The estimated return depends on the degree of market acceptance on this new product. Market

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(a) Lavender Berhad plans to introduce new essential oils products. The estimated return depends on the degree of market acceptance on this new product. Market Acceptance Probability Estimated Return (%) Encouraging 0.10 25 Moderate 0.50 15 Not encouraging 0.20 10 Discouraging 0.20 -12 Compute: i. the expected return. (4 marks) ii. the standard deviation. (4 marks) iii. the Coefficient of Variation

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