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A company is thinking about launching product. The table below shows the analyst conclusions with respect to the demand and return for the company on the product.

Demand Prob Return
Average  65% 40%
Below Average 20% 5%
Very Little 15% -100%

1) Calculate the standard deviation. Show all work.

2) What does the standard deviation say about launching this product?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91913037

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