Cant find options to change physic material to bouncy

Hi, to make a sphere bouncy a tutorial asks to change the sphere collider to bouncy.But in my version I cant find any option except none. Also there is only a black dot and nothing else. Can anyone tell me where am I going wrong?![alt text][1]
http://postimage.org/image/2t4czs7qc/

You probably don’t have the Standard Physics Materials added to your project.

To do so, do the following steps.

1.) In the Assets pane, right click on a folder and select Import Package → Physic Materials

2.) Check all the physic materials you wish to import

3.) Click Import

You should now be able to select the bouncy material.

thanks…I got it now…