Question: Chapter 13 i Saved Help Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities

Chapter 13 i Saved Help Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of occurrence are given. Sales Possible Market Reaction in Units Probabilities Low response 30 0. 30 Moderate response 45 0. 20 High response 50 0. 30 Very high response 75 0. 20 44 a. What is the expected value of unit sales for the new product? Expected value b. What is the standard deviation of unit sales? (Round the final answer to 2 decimal places.) Standard deviation

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