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Sampson Corp, is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are shown next:
Sampson Corp, is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are shown next: a. What is the expected value of unit sales for the new product? (Do not round intermediate calculations and round your answer t the nearest whole unit.) b. What is the standard deviation of unit sales? (Do not round intermediate calculations. Round your answeL to 2 decimal places.)
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