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BF210/ P1: Swan's Sportswear is considering bringing out a line of designer jeans. Currently, it is negotiating with two different well-known designers. Because of the
BF210/ P1: Swan's Sportswear is considering bringing out a line of designer jeans. Currently, it is negotiating with two different well-known designers. Because of the highly competitive nature of the industry, the two lines of jeans have been given code names. After market research, the firm has established the expectations shown in the following table about the annual rates of return: Market acceptance Very poor Poor Average Good Excellent Probability 0.05 0.15 0.60 0.15 0.05 Annual rate of return Line J Line K 0.0075 0.010 0.0125 0.025 0.0850 0.080 0.1475 0.135 0.1625 0.150 A- Calculate the expected return for each line? B- Calculate the standard deviation for each line
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