A marketing firm is considering making up to three new
hires. Given its specific needs, the management feels that there is
40% chance of hiring at least two candidates. There is only a 9%
chance that it will not make any hires and 14% chance that it will
make all three hires.
Find the expected value and the standard deviation of the number of
hires.(Round intermediate calculations to at least 4 decimal
places.Round your final answer to 2 decinal places)
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