Refer to the details given below There is a 50% probability that the Ram companys sales will be 10 million next year, a 20% probability that they will be $5 million, and a 30 % probability that they will be $3 million. Develop a comprehensive analysis of the risk and estimate the expected sales of Arum company next year. Interpret the data given and find the standard deviation of Ram companys next year sales.

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