Question: You are given the following probability distribution for the annual sales of ElStop Corporation: Probability Distribution for ElStop Annual Sales Probability.....................................Sales ($ Millions) 0.20................................................275 0.40...............................................250

You are given the following probability distribution for the annual sales of ElStop Corporation:
Probability Distribution for ElStop Annual Sales
Probability.....................................Sales ($ Millions)
0.20................................................275
0.40...............................................250
0.25...............................................200
0.10...............................................190
0.05...............................................180
Sum = 1.00
A. Calculate the expected value of ElStop's annual sales.
B. Calculate the variance of ElStop's annual sales.
C. Calculate the standard deviation of ElStop's annual sales.

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