Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their

occurrence are given next:

a$.$ What is the expected value of unit sales for the new product?

Note: Do not round Intermedlate calculations and round your answer to the nearest whole unlt.

Expected value

units

b$.$ What is the standard devlation of unit sales?

Note: Do not round Intermedlate calculations. Round your answer to $2$ decimal places.Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their

occurrence are given next:

a$.$ What is the expected value of unit sales for the new product?

Note: Do not round Intermedlate calculations and round your answer to the nearest whole unlt.

Expected value

units

b$.$ What is the standard devlation of unit sales?

Note: Do not round Intermedlate calculations. Round your answer to $2$ decimal places.