* Additional ActivityYou plan to open a new pizza restaurant and found out the data for a similar restaurant which ispresented below.Amount (X)P 40,000Percentage/ P(x)10% ioss35%POP 40,000P 200,00045% profit10% profitwhat will be yourAre you going to proceed to your plan to open a new pizza restaurant? If yes,expected profit at the end of the year? If not, explain why not.

There are only 10% chances to loss the amount 40000 and it shows that there are higher chances of…

Answered: * Additional Activity You plan to open…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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% per $100 30 20 10 1 3 4 6. 7. Wages (hundreds of dollars) The distribution of weekly income for a group of par-time employees of a company is shown in the histogram above. What percent of the company earn between $300 to $600 weekly? (Enter the answer without the percent sign. For example, if your answer is 20%, enter 20.)
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Please see the info below. Please include additional examples and strategies in solving this problem, besides what has been offered. Please include an explanation for what was done. For the following exercises, identify the type of data that would be used to describe a response (quantitative discrete, quantitative continuous, or qualitative), and give an example of the data. 58. most-watched television show is a categorical variable (categorical can be divided into groups and a variable that isn't numerical.), so it is qualitative. Example: The walking dead, Stranger things, Riverdale...
Marco shows you the following chart to help him argue that while his division’s sales numbers aren’t as high as those of the other divisions, he’s actually not that far behind them, when you look at the data visually. How is Marco using a chart to lie to you? What would a more accurate representation of Marco’s performance look like?
Use the data and develop a model to predict Overall Satisfaction. R2 is over 0.70 so we can use this model. Group of answer choices True False Brokerage Satisfaction with Trade Price Satisfaction with Speed of Execution Overall Satisfaction with Electronic Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 Fidelity Brokerage Services 3.1 3.4 3.9 TD Ameritrade 2.9 3.6 3.7 E*Trade Financial 2.9 3.2 2.9 (Not listed) 2.1 3.2 2.7 Vanguard Brokerage Services 2.0 3.8 2.8 USAA Brokerage Services 2.1 3.8 3.6 Thinkorswim 1.9 2.6 2.6 Wells Fargo Investments 2.2 2.7 2.3 Interactive Brokers 3.1 4.0 4.0 Zecco.com 2.5 2.5 2.5 Firstrade Securities 3.0 3.0 4.0 Banc of America Investment Services 4.0 1.0 2.0
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Government agencies keep data about the income distribution of the population. The Garcia family and Wood family live in a county with 6000 families. The Garcia family's income is at the 38 percentile. The Wood family's income is at the 73 th percentile. (If necessary, consult a list of formulas.) (a) Which of the following must be true about the Garcia family's and the Wood family's incomes? Both the Garcia family and the Wood family earn more than the median income. Both the Garcia family and the Wood family earn less than the median income. O The Wood family earns more than the Garcia family. O The Garcia family earns more than the Wood family. (b) Which of the following must be true about the Garcia family's income? O About 38% of the families in their county earn less than the Garcia family. O The Garcia family earns about 38% of the highest income in their county. O The Garcia family's income is in the top half of incomes in their county. O The Garcia family earns $38,000.
When filling up his car. Nathan noticed that a litre of gasoline currently costs $1.25. However, this time last year, he remembers that it cost only $0.95. Which of the following strategies would be the most effective for measuring the change in the price of gas over the last year? O The Maximin Strategy O Create a Stem and Leaf Plot O Conduct a Hypothesis Test KID Calculate a Simple Index For some questions, you'll need the z-score and t-value tables, so l've linked them here:

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