You are thinking about opening a restaurant and are searching for a good location. From research you have done, you know that the mean income of those living near the restaurant must be over $85,000 to support the type of upscale restaurant you wish to open. You decide to take a simple random sample of 50 people living near one potential location. Based on the mean income of this sample, you will decide whether to open a restaurant there. Describe a Type I and a Type II error, and explain the consequences of each.

Astandard deck of cards contains 52 cards. one card is selected from the deck. (a) compute the probability of randomly selecting a seven or king. (b) compute the probability of randomly selecting a seven or king or jack. (c) compute the probability of randomly selecting a queen or spade.

Joanie wrote a letter that was 1 1/4 pages long. katie wrote a letter that was 3/4 page shorter then joagies letter. how long was katies letter

Astudy was interested in determining if eating milk chocolate lowered someone's cholesterol levels.ten people's cholesterol was measured. then, each of these individuals were told to eat 100g of milk chocolate every day and to eat as they normally did. after two weeks, their cholesterol levels were measured again. is there evidence to support that their cholesterol levels went down? how should we write the alternative hypothesis? (mud = the population mean difference= before - after)a. ha: mud = 0b. ha: mud > 0c. ha: mud < 0d. ha: mud does not equal 0