Question: 1 . Drug development at Malcoff Pharmaceuticals is a two stage process. In the first stage a drug undergoes preliminary development. During this stage the

1. Drug development at Malcoff Pharmaceuticals is a two stage process. In the first stage a drug undergoes preliminary development. During this stage the drug may prove to be: worthless (not useful for treatment of the relevant medical condition) "Historically, Malcoff Pharmeceuticals has found "&ROUND(L2,2)*100&"% of the drugs under preliminary development to be high potential." "They currently have "&L3&" new What is the mean and standard deviation for the number of drugs that are likely to go on the second stage of the development process?

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