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Social Science Clinic => Business => Topic started by: mspears3 on Jun 24, 2018

Title: Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab. Over the past 20 ...
Post by: mspears3 on Jun 24, 2018

Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab.
 
  Over the past 20 days, Cab A has averaged 76.00 per night with a standard deviation equal to 11.00. Cab B has averaged 200.00 per night with a standard deviation of 18.00. Based on this information, Cab B has the greatest relative variation.
   Indicate whether the statement is true or false

Question 2

Risk analysis seeks to examine the impacts of uncertainty in the estimates and their potential interaction with one another on the output variable of interest.
 
  Indicate whether the statement is true or false

Title: Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab. Over the past 20 ...
Post by: vish98 on Jun 24, 2018

Answer to Question 1

FALSE

Answer to Question 2

TRUE

Title: Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab. Over the past 20 ...
Post by: mspears3 on Jun 24, 2018

Thank you :)

Title: Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab. Over the past 20 ...
Post by: vish98 on Jun 24, 2018

Happy to help you

Title: Re: Acme Taxi has two taxi cabs. The manager tracks the daily revenue for each cab. Over the past
Post by: Nhi Trần on Apr 21, 2023

Thank you