Tag Archives: statistics

Looking to find a potential investor for outstanding business opportunity?

My colleagues and I are seeking a potential investor(s). Our goal is to transform a retired airport into a successful Motorsports Dragway, possibly NHRA. The track would be centrally located right in the center of Michigan (lower penninsula). The Dragway would feature one of the best family sports available Jr. Drag Racing. It is to be a family oriented place of business and is quite capable of bringing in some impressive numbers. We have the business plan near completion. We have bids on land, ashphalt, buildings, equipment, etc. We figured investments may possibly be able to be broken into two investments of 500,000 each. We have sales figures and statistics to base our numbers on. If you are interested in hearing more or know someone who may be interested please inquire to my question and I will be sure to get back with you. Thank you.

Are realtors worth it for a seller?

Or more specifically, are their studies or statistics that show the average sales price of homes sold with professional assitance versus the average price of homes sold by their owners is more difference than the commission the agents charge?
Hm, I spelled ‘there’ wrong. :(

I’m wondering if anyone can cite any relevant study that objectively answers this question. I guarantee that answer will be the one I select as the best.

Statistics help?

Help Please!

1. A building developer has the opportunity to purchase several acres of land that is divided up into several lots for building single-family homes. It is known that the average sale price of all of the lots is $80,000 and the standard deviation of the sale price is $12,000. The building developer has decided to buy the land provided that less than 30% of the lots have a sale price of less than $50,000 per lot. Should she buy the lots?

2. In the Boston Marathon each April there are approximately 100 male runners who participate and who are considered as world class runners. It is known that the time they require to finish the 26.2 mile race is normally distributed with a mean of 135.45 minutes and a standard deviation of 2.30 minutes. If the fastest 2.5% of the world class runners are considered elite runners, what is the approximate slowest time that the elite runners would run the Boston Marathon?

Looking to find a potential investor for outstanding business opportunity?

My colleagues and I are seeking a potential investor(s). Our goal is to transform a retired airport into a successful Motorsports Dragway, possibly NHRA. The track would be centrally located right in the center of Michigan (lower penninsula). The Dragway would feature one of the best family sports available Jr. Drag Racing. It is to be a family oriented place of business and is quite capable of bringing in some impressive numbers. We have the business plan near completion. We have bids on land, ashphalt, buildings, equipment, etc. We figured investments may possibly be able to be broken into two investments of 500,000 each. We have sales figures and statistics to base our numbers on. If you are interested in hearing more or know someone who may be interested please inquire to my question and I will be sure to get back with you. Thank you.

Are realtors worth it for a seller?

Or more specifically, are their studies or statistics that show the average sales price of homes sold with professional assitance versus the average price of homes sold by their owners is more difference than the commission the agents charge?
Hm, I spelled ‘there’ wrong. :(

I’m wondering if anyone can cite any relevant study that objectively answers this question. I guarantee that answer will be the one I select as the best.