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    The Expected Value and Standard Deviation of Unit Sales

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    13/1. Lowe Technology Corp. is evaluating the introduction of a new product. The possible
    levels of unit sales and the probabilities of their occurrence are attached in File #1 (13.1 doc)

    a. What is the expected value of unit sales for the new product?
    b. What is the standard deviation of unit sales?

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    https://brainmass.com/business/management-information-systems/expected-values-standard-deviation-unit-sales-24455

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    a. What is the expected value of unit sales for the new product?
    Expected unit sales = SUM ...

    Solution Summary

    The solution shows step-by-step calculations and the expected value of unit sales for the new product and the standard deviation of unit sales.

    $2.19

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