The number of lemonades sold from Kaylee's Lemonade stand are as follows: 35 28 28 26...

The number of lemonades sold from Kaylee's Lemonade stand are as follows:

35	28	28	26	34	33	29	29	35	24
26	28	28	31	29	28	26	30	27	34
33	31	28	34	34	21	31	28	35	21

Using the 2^k rule, what is the optimum number of classes needed to create a frequency distribution:

	a.	7
	b.	6
	c.	4
	d.	5

What is the median number of glasses sold?

The most frequently observed value is known as the:

The range of data is:

The 75th percentile as calculated in the text is:

The 90th percentile exceeds:

The average value from above is:

The standard deviation of the standard is:

Expert Solution

orchestra answered 1 year ago

1. You run the only lemonade stand at SUBR. If people don't buy lemonade from you, their...

1. You run the only lemonade stand at SUBR. If people don't buy lemonade from you, their only other option is to buy orange juice from a nearby POD. One day, you decide to raise the price of your lemonade from $1 per glass to $1.25 per glass. As a result, half of your usual customers decide to get orange juice instead of lemonade that day. What does this experience tell you about the demand for lemonade (in terms of elasticity)...

The average number of gallons of lemonade sold during a baseball game is 20, with a...

The average number of gallons of lemonade sold during a baseball game is 20, with a standard deviation of 3 gallons. Assume the amount of lemonade sold is normally distributed. When a game is played, find the probability that the amount of lemonade sold is: A) If 10 games are played, find the probability that the mean amount of lemonade sold is less than 19 gallons

Let’s consider this problem: I want to start a lemonade stand and determine how much lemonade...

Let’s consider this problem: I want to start a lemonade stand and determine how much lemonade I need to sell to break even each day. If I know I spend $5 on supplies and sell the lemonade at $0.50 per glass determine the number of glasses I must sell to break even. After you find the number of glasses tell me what the x-intercept, y-intercept, and slope represent in the function you determined. Your answer should include: Number of glasses...

You start a lemonade stand. You estimate that you will sell 1,000 glasses of lemonade during...

You start a lemonade stand. You estimate that you will sell 1,000 glasses of lemonade during the upcoming year. Each glass of lemonade sells for $3. Each glass comes with the following costs: Lemons, cups & sugar $ .90 Labor .20 Sales commission .30 $1.40 You also have the following costs for the year: Blender depreciation $ 500 Equipment maintenance $ 500 Rent on lemonade stand $ 500 Accountant $ 500 There are no other costs incurred. Because you only...

Case 4 – Budgeting and Variance Mike has been selling lemonade at his lemonade stand under...

Case 4 – Budgeting and Variance Mike has been selling lemonade at his lemonade stand under the name ‘Mike’s Lemonade’ for the past few summers and has had tremendous success. As a matter of fact, kids are so “hooked” on his lemonade that he is now offering credit to those customers who have spent their allowance but need more of his product. His weekly budget is: Total Customers 100 Cash paying customers 80 Credit customers 20 Net Revenue...

Imagine that you were setting up a small lemonade stand. There are lots of others in...

Imagine that you were setting up a small lemonade stand. There are lots of others in the neighborhood. How would you determine both your costs of production and what price to charge? (Hints: (1) Remember the profit maximizing steps discussed in the text; (2) Be sure to distinguish between fixed and variable costs.(3) This is a perfect competition discussion; all lemonade is identical.)

What is the total number of valence electrons for SiBr2F2? Group of answer choices 26 28...

What is the total number of valence electrons for SiBr2F2? Group of answer choices 26 28 24 32

I1-magine that you were setting up a small lemonade stand. There are lots of others in...

I1-magine that you were setting up a small lemonade stand. There are lots of others in the neighborhood. How would you determine both your costs of production and what price to charge? (Hints: (1) Remember the profit maximizing steps discussed in the text; (2) Be sure to distinguish between fixed and variable costs.(3) This is a perfect competition discussion; all lemonade is identical.) 2- Consider this decision scenario related to your studies on whether or not FIT should run a...

Beyond the lemonade stand: Sustaining a new social venture 1. What is a calling and how...

Beyond the lemonade stand: Sustaining a new social venture 1. What is a calling and how do you find it? 2. How can you complement an intuitive response to social needs with a methodological approach to social entrepreneurship? 3. How are new social ventures sustained? In 2016, a young South African left her secure office job to pursue her passion for social entrepreneurship in the youth development field. She had been volunteering with street children, but she wanted to do...

25 , 26 , 26 , 27 , 28 , 31 ,40 ,41 What is the...

25 , 26 , 26 , 27 , 28 , 31 ,40 ,41 What is the q1 and q3 of this data set

Question