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Big Cure and Little Cure are both pharmaceutical companies.Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.If approved,Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.Little Cure has 10 separate less important drugs before the FDA waiting for approval.If approved,each of Little Cure's drugs would produce $100 million in net income for Little Cure.The probability of the FDA approving a drug is 50%.
-What is the standard deviation of Big Cure's average net income for their new blockbuster drug?
Career
The pursuit of successive achievements and roles in a person's working life, often within a particular field.
Hobbies
Hobbies are activities that individuals engage in for pleasure, relaxation, and personal interest during their leisure time.
Chronic Depression
A severe mood disorder characterized by persistent feelings of sadness, hopelessness, and loss of interest lasting for two years or more.
Social-cognitive Perspective
A view in psychology that emphasizes the importance of observational learning, imitation, and modeling in acquiring new behaviors.
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