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Business, 23.04.2020 16:16 heastonk9136

According to Franchise business review, over 50% of all food franchises earn a profit of less than $50,000 a year. In a sample of 142 casual dining restaurants, 81 earned a profit of less than $50,000 last year. a. What is the point estimate of the proportion of casual dining restaurants that earned a profit of less than $50,000 last year?

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