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a) Sutera Apparel is considering to introduce a line of designer dress in their collections. After a market research has been done, the management team
a) Sutera Apparel is considering to introduce a line of designer dress in their collections. After a market research has been done, the management team has come out with the following table: Probability Market Acceptance Poor Average Good Excellent 0.10 0.25 0.30 0.35 RI (%) 10 15 27 30 HD (%) 8 17 23 28 Calculate: i. ii. 111. Expected return. (4 marks) Standard deviation. (4 marks) Coefficient of variation. (2 marks)
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