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The Widget Company Has Estimated the Following Revenue Possibilities for the Year

Question 35

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The Widget Company has estimated the following revenue possibilities for the year:
 Sales  Probability 1000.151500.202200.302900.203100.15\begin{array} { l l } \text { Sales } & \text { Probability } \\100 & 0.15 \\150 & 0.20 \\220 & 0.30 \\290 & 0.20 \\310 & 0.15\end{array}
a.Find expected revenue.
b.Find the standard deviation.
c.Find the coefficient of variation.

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a.Expected revenue i...

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