Rosalyn Inherits a Diamond and Ruby Necklace from Her Mother

question 36

Essay

Rosalyn inherits a diamond and ruby necklace from her mother that is in need of cleaning and reinforcement for the settings that hold the jewels. She takes the necklace to Janice's Jewelry Repair. Rosalyn pays 10 percent of the price in cash in advance with an agreement to pay the rest in cash when she picks it up. Janice finishes the work, and contacts Rosalyn who refuses to pay the rest of the price. What options does Janice have?   Explain how the option(s) work.

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Definitions:

Tablet Computer

A portable computing device featuring a touch-sensitive screen as its primary input device.

Sample Proportion

The proportion of individuals in a sample that have a particular characteristic, used as an estimate of the proportion in the entire population.

Chi-Square Test

A statistical test used to determine the significance of an observed association between two categorical variables.

Logistic Regression

A statistical model that is used for predicting the probability of a binary outcome based on one or more predictor variables.