Myers Business Systems is evaluating the introduction of a new product. The possible levels of...
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Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are given next: Possible Market Reaction Sales in Units Probabilities Low response 25 0.20 Moderate response 30 0.10 High response 50 0.10 Very high response 70 0.60
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