Calculate the standard deviation

Assignment Help Basic Statistics

Reference no: EM131157589

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?

Reference no: EM131157589

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