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?