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Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of occurrence are given. a
Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of
occurrence are given.
a What is the expected value of unit sales for the new product?
Expected value
b What is the standard deviation of unit sales? Round the final answer to decimal places.
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