What are the expected revenue and variance

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Reference no: EM131523915

Question: Suppose that a company produces three different products. The sales for each product are independent of the sales for the others. The information for these products is given in the table that follows:

a. What are the expected revenue and variance of the revenue from Product A alone?

b. What are the company's overall expected revenue and variance of its revenue?

Reference no: EM131523915

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