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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.:- M91947441

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