You developed the following scenario analysis to forecast sales growth:

Scenario

Analysis

Economic

Scenario

Probability of

Occurrence

Sales Growth Rate

Rapid growth $,0\mathrm{.}30,18\%$

Average growth $0\mathrm{.}40,12\%$

Slow growth $0\mathrm{.}30,4\%$

Based on the data above, what is the average growth rate $($i$.$e$.,$ expected value of the growth rates$)?$

$10\mathrm{.}3\%$

$9\mathrm{.}6\%$

$11\mathrm{.}4\%$

$12\mathrm{.}4\%$