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Cherry Sdn. Bhd. is a company manufacturing sequinned sweaters. There is a 50% probability that the Cherrys sales will be RM10 million next year, a

Cherry Sdn. Bhd. is a company manufacturing sequinned sweaters. There is a 50% probability that the Cherrys sales will be RM10 million next year, a 20% probability that they will be RM5 million, and a 30% probability that they will be RM3 million.

- Calculate the expected sales of Cherry Sdn. Bhd. next year.

- Calculate the standard deviation of Cherry Sdn. Bhd.s next year's sales.

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