Problem $13-2($Algo$)$ Expected value and standard deviation $[$LO$13-1]$

Myers Business Systems is evaluating the Introduction of a new product. The possible levels of unlt sales and the

probabilitles of their occurrence are given next:

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

Note: Do not round Intermedlate calculatlons 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 calculatlons. Round your answer to $2$ declmal places.

Standard deviation

units