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Author Question: The approximate probability of a value occurring that is greater than one standard deviation from ... (Read 44 times)

s.tung

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on: Jul 1, 2018
The approximate probability of a value occurring that is greater than one standard deviation from the mean is approximately (assuming a normal distribution)
 a. 68.26
  b. 2.28
  c. 34
  d. 15.87
  e. none of the above

Question 2

The manager of Fatty Foods is thinking about retiring. He has two options: to leave his stores as a company stores, to be managed by a salaried manager, or to sell some of them as franchises. The franchisor however is offering a really low franchisor fee for the store. What would be his best bet?
 a. Let the stores stay company stores
  b. Sell them off as franchises
 c. Shut down the business completely
  d. Never retire


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rosiehomeworddo

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


s.tung

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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