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Swan's Sportswear is conisdering bringing out a line of designer jeans. After market research, the firm has established the expectations shown in the following table

Swan's Sportswear is conisdering bringing out a line of designer jeans. After market research, the firm has established the expectations shown in the following table about the annual rates of return. Use the table to calculate the average return for the line.

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Part 1

The average return for the line is____%. (Enter as a percentage and round to two decimal places.)

Market acceptance

Probability

Annual rate of return

Very poor

0.08

0.028

Poor

0.17

0.024

Average

0.41

0.082

Good

0.25

0.125

Excellent

0.09

0.173

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