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 unit sales and the probabilities of their occurrence are given next:

$\backslash$table$[[,$Sales in$,],[$Possible Market Reaction,Units,Probabilities$],[$Low response,$30,0\mathrm{.}10],[$Moderate response,$40,0\mathrm{.}10],[$High response,$55,0\mathrm{.}20],[$Very high response,$65,0\mathrm{.}60]]$

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

Note: Do not round intermediate calculations and round your answer to the nearest whole unit.

Expected value

units