Statistics for Business

Written Assignment

Read problem 8, Chapter 11, page 372. For this assignment you will need to access the file titled “Car Rental“. You can find this file in Week 7.

Analyze the calculations and answer the following questions:

Based on the calculation in both scenarios, what is the best value decision for either scenario? What would you do in either scenario? Explain!
How would you evaluate the risk involved in either scenario? Explain?

Please write your answers in essay form using MS Word. Please make sure you adhere to APA guidelines. Submit your assignment in the designated area in Week 7.

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