5 Sampson Corporation is evaluating the introduction of a new product. The possible levels of unit...

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5 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: 20 points Possible Market Reaction Low response Moderate response High response Very high response Sales in Units Probabilities 80 0.40 90 0.10 110 0.30 130 0.20 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. Expected value 100 units 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. Standard deviation 19.23 units 5 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: 20 points Possible Market Reaction Low response Moderate response High response Very high response Sales in Units Probabilities 80 0.40 90 0.10 110 0.30 130 0.20 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. Expected value 100 units 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. Standard deviation 19.23 units