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The owner of the Finer Diner submitted a proposal to you in hopes of selling the business to you. His asking price is $250,000. Your financial institution advises that your monthly payment to finance that amount would be $1850.00. This is in addition to other business expenses you would incur such as product, payroll, etc. Upon reviewing the accounting records from the restaurant, you discover that it grosses roughly $3000 per day on 6 out of 10 days. Determine the estimated probability that the restaurant will gross over $3000: A) On at least 4 out of 5 business days, B) On at least 5 out of 10 business days, C) On at least 7 out of 10 business days.
From random sample of 48 days in a recent year, U.S. gasoline prices had a mean of $3.63. Assume the population standard deviation is $0.21?
Mention four characteristics and functions of statistics
WHAT IS THE RELATIONSHIP BETWEEN REGRESSION COEFFICIENT BYX BXY AND CORRELATION COEFFICIENT R?
conceptof probality, theoretical, distribution, normal,binomial and poisson
Regression line drawn as y=c+1075x, when x was 2, and y was 239, given that y intercept was 11. Caculate the residual
You have collected data on 4 continuous variables (diastolic BP, age, weight, and average number of minute of exercise per week)you think may be related to total cholesterol levels
What is the properties of a simple random sample when 50 females are numbered 1 through 50, and males are numbered 51 through 100?
Report on the residual plots – are the assumptions of the regression met
Q1. A software developer is interested in finding what the best color theme should be for an engine diagnostic program for the flight line. He is considering three different color
accounts receivable is an asset
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