Answer to Question #264263 in Microeconomics for Anna

Question

This past week, Davish’s Qwik Oil Change Shop did less oil changes than in past weeks. Given this information, regression to mean infers that the Davish’s shop:

 

A. has had worse weeks, but Davish does not remember when.

B. will probably sell more oil changes this week.

C. will most likely have to close.

D. should not be doing oil changes.

Answer 1

B. will probably sell more oil changes this week.