Suppose Kristen is researching failures in the restaurant business. In the city where she lives, the probability that an independent restaurant will fail in the first year is 67%. She obtains a random sample of 98 independent restaurants that opened in her city more than one year ago and determines if each one had closed within a year. What are the mean and standard deviation of the number of restaurants that failed within a year? Please give your answers precise to two decimal places.

Suppose Kristen is researching failures in the restaurant business. In the city where she lives, the probability that an independent restaurant will fail in the first year is 67%. She obtains a random sample of 98 independent restaurants that opened in her city more than one year ago and determines if each one had closed within a year. What are the mean and standard deviation of the number of restaurants that failed within a year? Please give your answers precise to two decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.4: Distributions Of Data

Problem 19PFA

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