40. Meals. A restaurateur anticipates serving about 180 people on a Friday evening, and believes that about

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40. Meals. A restaurateur anticipates serving about 180 people on a Friday evening, and believes that about 20% of the patrons will order the chef’s steak special. How many of those meals should he plan on serving in order to be pretty sure of having enough steaks on hand to meet customer demand? Justify your answer, including an explanation of what “pretty sure” means to you.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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