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 51%. She obtains a random...


Suppose Kristen is researching failures in the restaurant business. In the city where she lives, the probability that an<br>independent restaurant will fail in the first year is 51%. She obtains a random sample of 84 independent restaurants that<br>opened in her city more than one year ago and determines if each one had closed within a ycar.<br>What are the mean and standard deviation of the number of restaurants that failed within a year? Please give your<br>answers precise to two decimal places.<br>23.04<br>3.96<br>Incorrect<br>Incorrect<br>contact usee<br>

Extracted text: 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 51%. She obtains a random sample of 84 independent restaurants that opened in her city more than one year ago and determines if each one had closed within a ycar. 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. 23.04 3.96 Incorrect Incorrect contact usee

Jun 02, 2022
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