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8 of 9 (0 complete) HW Score: 0%, 0 of 9 pts SCQL. Topics. Restaurant Chain 8 Question Help O A national restaurant chain is

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8 of 9 (0 complete) HW Score: 0%, 0 of 9 pts SCQL. Topics. Restaurant Chain 8 Question Help O A national restaurant chain is composed of 6500 restaurants, each of which is located in close proximity to an interstate highway. The restaurant's business strategy is to serve its core customer base: people travelling on the interstate highway system who are looking for a quality dining experience. Customers generally enjoy the restaurant chain's menu, atmosphere, and consistency from restaurant to restaurant. The company's leadership, located at corporate headquarters, is very interested in the relationship between the cost of a gallon of gasoline and the company's revenue. Specifically, the company is concerned that if gasoline prices rise in the near future, the company's revenue will decline dramatically. The company's research department recently collected data for analysis in order to support leadership's upcoming discussion of whether the company should expand and diversify to locations away from an interstate highway. Annual revenue figures from a random sample of 150 restaurants were collected. The research division also collected and calculated the average annual cost of gasoline at these 150 restaurants by randomly selecting three gasoline stations near each restaurant. Historical data was then used to calculate the average annual cost of gasoline. The Restaurant Number, Geographic Region, Annual Revenue. Average Cost of Gasoline, Miles from the Interstate, Square Footage and Annual Increase in Revenue were collected for these 150 restaurants. StatCrunch Data Set Corporate headquarters is very interested in analyzing the distance each of its restaurants is from the interstate highway as it explores the possibility of expanding away from the interstate highway system. Using the Miles from Interstate data, create a box plot and determine whether there are any restaurants that are unusually close or far from the interstate. Are there any potential outliers in this sample? If so, identify the restaurant by identification number. Choose the correct answer below O A. Restaurant #105 is an unusually far distance from the interstate and would be considered a potential outlier. OB. Restaurant #105 is an unusually close distance from the interstate and would be considered a potential outlier. O c. Restaurants #30 and #49 are unusually far from the interstate and both would be considered potential outliers. OD. There are no restaurants unusually close or far from the interstate and thus no potential outliers exist. Click to select your answer and then click Check Answer. Check Answer 8 of 9 (0 complete) HW Score: 0%, 0 of 9 pts SCQL. Topics. Restaurant Chain 8 Question Help O A national restaurant chain is composed of 6500 restaurants, each of which is located in close proximity to an interstate highway. The restaurant's business strategy is to serve its core customer base: people travelling on the interstate highway system who are looking for a quality dining experience. Customers generally enjoy the restaurant chain's menu, atmosphere, and consistency from restaurant to restaurant. The company's leadership, located at corporate headquarters, is very interested in the relationship between the cost of a gallon of gasoline and the company's revenue. Specifically, the company is concerned that if gasoline prices rise in the near future, the company's revenue will decline dramatically. The company's research department recently collected data for analysis in order to support leadership's upcoming discussion of whether the company should expand and diversify to locations away from an interstate highway. Annual revenue figures from a random sample of 150 restaurants were collected. The research division also collected and calculated the average annual cost of gasoline at these 150 restaurants by randomly selecting three gasoline stations near each restaurant. Historical data was then used to calculate the average annual cost of gasoline. The Restaurant Number, Geographic Region, Annual Revenue. Average Cost of Gasoline, Miles from the Interstate, Square Footage and Annual Increase in Revenue were collected for these 150 restaurants. StatCrunch Data Set Corporate headquarters is very interested in analyzing the distance each of its restaurants is from the interstate highway as it explores the possibility of expanding away from the interstate highway system. Using the Miles from Interstate data, create a box plot and determine whether there are any restaurants that are unusually close or far from the interstate. Are there any potential outliers in this sample? If so, identify the restaurant by identification number. Choose the correct answer below O A. Restaurant #105 is an unusually far distance from the interstate and would be considered a potential outlier. OB. Restaurant #105 is an unusually close distance from the interstate and would be considered a potential outlier. O c. Restaurants #30 and #49 are unusually far from the interstate and both would be considered potential outliers. OD. There are no restaurants unusually close or far from the interstate and thus no potential outliers exist. Click to select your answer and then click Check Answer. Check

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