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Lowe Technology Corp is evaluating the introduction of a new product. The possible levels of unit sales and probabilities of their occurrence are given. Compute

Lowe Technology Corp is evaluating the introduction of a new product. The possible levels of unit sales and probabilities of their occurrence are given. Compute the expected value. Possible Market Reaction Sales in Units Probabilities Low Response 20 .10 Moderate Response 40 .20 High Response 85 .40 Very high response 80 .30

determine the coefficient of the variation.

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