Use the Information for the Question(s)below

question 30

Essay

Use the information for the question(s)below.
Your firm is preparing to open a new retail strip mall and you have multiple businesses that would like to lease space in it.Each business will pay a fixed amount of rent each month plus a percentage of the gross sales generated each month.The cash flows from each of the businesses have approximately the same amount of risk.The business names,square footage requirements,and monthly expected cash flows for each of the businesses that would like to lease space in your strip mall are provided below:
-If your new strip mall will have 16,000 square feet of retail space available to be leased,to which businesses should you lease and why?

---

Definitions:

Mean

A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.

Correlations

Statistical measures that describe the extent to which two or more variables fluctuate together, indicating a relationship but not causation.

School Grades

Evaluations of a student's performance or achievement in academic subjects, often in the form of letters or numbers.

IQ Scores

Standardized scores derived from intelligence tests, intended to measure a person’s cognitive abilities in relation to their age group.