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10-K Diver — Finance For Everyone (EP.101)
Infinite Loops
How Long Does a Restaurant Last?
Most restaurants faili may fail in the very first year. Most people would say for for orger because that's totally wrong, right? Yes, exactly. That's because the death rate is not uniform. Average person may live for 60 years, but the average is pulled down because there is a lot of infant mortality. The very fact that somebody has survived for five years gives them a much greater chance of exceeding the 60 year life span than most people would give them.
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