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Item 2 7 points eBook Hint Print References Check my work Check My Work button is now enabled Item 2 Sampson Corporation is evaluating the

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Sampson Corporation is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are shown next:
Possible Market Reaction Sales in Units Probabilities
Low response 800.40
Moderate response 900.10
High response 1100.30
Very high response 1300.20
What is the expected value of unit sales for the new product?
Note: Do not round intermediate calculations and round your answer to the nearest whole unit.)
What is the standard deviation of unit sales?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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