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Sampson Corporation is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are shown next:

Sampson Corporation 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?
Note: Do not round intermediate calculations and round your answer to the nearest whole unit.)
Answer is complete and correct.
b. What is the standard deviation of unit sales?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Answer is complete but not entirely correct.
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