Berdine’s chicken factory has several stores in the hilton head, south carolina, area. when interviewing applicants for server positions, the owner would like to include information on the amount of tip a server can expect to earn per check (or bill). page 149a study of 500 recent checks indicated the server earned the following amounts in tips per 8-hour shift. amount of tip number $0 up to $ 20 200 20 up to 50 100 50 up to 100 75 100 up to 200 75 200 or more 50 total 500 what is the probability of a tip of $200 or more? are the categories "$0 up to $20," "$20 up to $50," and so on considered mutually exclusive? if the probabilities associated with each outcome were totaled, what would that total be? what is the probability of a tip of up to $50? what is the probability of a tip of less than $200?

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of

The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days