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Med Connect is considering introducing a new product in the medical field. The possible levels of unit sales and the probabilities of occurrence are given.

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Med Connect is considering introducing a new product in the medical field. The possible levels of unit sales and the probabilities of occurrence are given. Please submit all calculations in Moodle. a. What is the expected value of unit sales for the new product? [1 Mark] Expected value b. What is the standard deviation of unit sales? [5 Marks] (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

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