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?