Q2: The variability in the effectiveness of human capital

a) Fill in the table below for the Return on Labor for Mr. Macky's, based on the restaurant

performance information.

Mean

Standard Deviation

Range

Min

Max

Overall ROL

ROL in the

Large Market

ROL in the

Medium Market

b) Compare the results of the Overall ROL, ROL in the large market, and ROL in the

medium market, what did you find? Briefly interpret your findings and takeaways.

(Briefly state with 50 words maximum.)

Answer: