During the coronavirus pandemic, the hospitality industry was affected a lot. Restaurants and hotels had their...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
During the coronavirus pandemic, the hospitality industry was affected a lot. Restaurants and hotels had their business severely downsized. At the same time, companies that service online shopping grew tremendously. In December 2020 DoorDash, a U.S. food delivery service, had an initial public offering on the New York Stock Exchange and was valued at $60 billion. The food delivery people at DoorDash are referred to as "dashers." a. Suppose that the average daily number of food delivery orders per dasher is 8 orders. What is the probability that the number of orders a given dasher fulfills is more than one standard deviation from the average? Show your work. (8 pts.) During the coronavirus pandemic, the hospitality industry was affected a lot. Restaurants and hotels had their business severely downsized. At the same time, companies that service online shopping grew tremendously. In December 2020 DoorDash, a U.S. food delivery service, had an initial public offering on the New York Stock Exchange and was valued at $60 billion. The food delivery people at DoorDash are referred to as "dashers." a. Suppose that the average daily number of food delivery orders per dasher is 8 orders. What is the probability that the number of orders a given dasher fulfills is more than one standard deviation from the average? Show your work. (8 pts.)
Expert Answer:
Answer rating: 100% (QA)
To find the probability that the number of orders a given dasher fulfills is more than one ... View the full answer
Related Book For
Strategic Management An Integrated Approach
ISBN: 978-1111825843
10th edition
Authors: Charles W. L. Hill, Gareth R. Jones
Posted Date:
Students also viewed these general management questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
-
Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance and the adjustment data. A. amount due for employee salaries, $4,800 B....
-
How does a void contract differ from a voidable contract? What is an unenforceable contract?
-
The adjusted trial balance for Turnquist Company is provided. Instructions Prepare the income and owner?s equity statements for the year and the balance sheet at August 31. Turnquist Company Adjusted...
-
The IRR of this investment is located at which point? a. A b. C c. D d. E
-
Myers & Associates reports the following information on its December 31, 2009, balance sheet: Trading securities (at cost) . . . . . . . . . . . . . . . . . . . . . . . . . $225,850 Less: Market...
-
es Initial investment Annual net income Expected life Salvage value Merrill's cost of capital $ 2,100,000 $ 200,000 8 years $ 210,000 Assume straight line depreciation method is used. Required: 10 1....
-
An automated car wash called Jet Express outside a large Texas city on the beltway is deciding whether to build and install one dedicated vehicle wash line or have two parallel wash lines. There are...
-
Imagine that you have recently been hired as a human resources consultant by a Canadian multinational enterprise (MNE) called Leopold Industries (Leopold) . Leopold designs, manufactures, and sells...
-
Discuss the HighTower Global Solutions case study in regards to the below aspects: economic, technical, and organizational feasibility of the project. Explain how the project aligns to the...
-
Does you Use push or a pull strategy? Should they continue using the same strategy? Doo their insurance companies (name at least 2) use the same or a similar strategy? Discuss
-
Discuss your informed thoughts on how this age group's developmental stage/tasks can impact their motivation, group dynamics, communication patterns, and group cohesion.
-
These are the results from a soil microbe lab. A soil sample was collected and stock solution created with with 10-fold serial dilutions. 10x 100x 1000x 10000x 100000x. From these results, from a...
-
Discuss how you would decide on the routing, taking into account safety, cost and geography. Include the following in your discussion Prepare a loading and transportation schedule, incorporating...
-
Let X, Y be two random numbers with joint distribution function f (x, y) = K x for y x y + 1, 0 y 2, = 0 otherwise. (a) Compute K. (b) Compute the m.d.f. and the expectation of X.
-
The Higher the time period of the financial security the higher the. ............... risk. O a. Maturity O b. Default and Maturity Oc. Default O d. Liquidity
-
1. How would you characterize the office supplies industry in 1985? Subsidiary Option 1: What was the approach of large distributors/wholesalers to small business segment? Why? Subsidiary Option 2:...
-
Under what conditions might horizontal integration be inconsistent with the goal of maximizing profitability?
-
1. Determine if Gore's business formula corresponds to the theories of the I/O model of above-average returns or the resource-based model of above-average returns. Explain your response. 2. What...
-
A gas engine is operated on a stoichiometric mixture of methane \(\left(\mathrm{CH}_{4} ight)\) and air. At the end of the compression stroke, the pressure and temperature are \(10 \mathrm{bar}\) and...
-
A gas injection system supplies a mixture of propane \(\left(\mathrm{C}_{3} \mathrm{H}_{8} ight)\) and air to a spark-ignition engine, in the ratio of volumes of 1:30. The mixture is trapped at \(1...
-
A gas engine with a volumetric compression ratio of \(10: 1\) is run on a weak mixture of methane \(\left(\mathrm{CH}_{4} ight)\) and air, with \(\phi=0.9\). If the initial temperature and pressure...
Study smarter with the SolutionInn App