The demand for MICHTEC's products is related to the state of the economy. If the economy is expanding next year (an above-normal growth in GNP), the company expects sales to be $90 million. If there is a recession next year (a decline in GNP), sales are expected to be $75 million. If next year is normal (a moderate growth in GNP), sales are expected to be $85 million. MICHTEC's economists have estimated the chances that the economy will be either expanding, normal, or in a recession next year at 0.1, 0.6, and 0.3, respectively. The expected annual sales is $82.5 million. The standard deviation of annual sales is $5.12 million. The coefficient of variation of annual sales is 0.062