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The recently opened Grand Hyatt Wailea Resort and Spa on Maui cost $600 million, about $800,000 per room, to build. Daily operating expenses average $135 a room if occupied and $80 a room if unoccupied (much of the labor cost of running a hotel is fixed). At an average room rate of $500 a night, a marginal tax rate of 40 percent, and a cost of capital of 11 percent, what year-round occupancy rate do the Japanese investors who financed the Grand Hyatt Wailea require to break even in economic terms on their investment over its estimated 40-year life? What is the likelihood that this investment will have a positive NPV? Assume that the $450 million expense of building the hotel can be written off straight line over a 30-year period (the other $150 million is for the land which is not depreciable) and that the present value of the hotel's terminal value will be $200 million.
Construct a 95% con dence interval for the true mean. Based on the con dence interval, is the true mean likely to be 15g and find the minimum weight of the heaviest 5% of cans of soup produced.
Such tv are randomly selected and checked to determine what is being watch. Would it be unusual to find that 954 of the 2500 tvs are tuned to eyewitness news?
Calculate a 95% confidence interval for the average lifetime of the washing machines that the company uses. Calculate the sample size required to reduce the margin of error for a 95% confidence interval down to 7 (i.e. E = 7).
What is the difference between the mean of the two groups? What is the difference in the standard deviation?
1.assuming the population is large which sample size will give the smallest standard deviation to the statistic?a.n
Is there evidence of violations of the usual ANOVA assumptions of equal variances and normal populations? Set up and perform appropriate TESTS at the α = 0.05 level of significance.
If p(s/d)=30 % of the Democrats smoke cigars, and p(s/d')=50% of Republicans smoke cigars also. What is the probability that a cigar- smoking businessmen is a Republican?
Large non-normal population with a mean of 10 and variance of 16, what would be the mean, variance, standard deviation and shape of the distribution of sample means? Give reasons for your answers.
What is the probability of the committee composed by two mean
This is a question pertaining to multivariate contingency analysis and partial correlation coefficientSet .05 as the significance level, what is the partial correlation coefficient and the t ratio?
A social psychologist has developed a test measure gregariousness. The test is normed so that it has a mean of 70 and a standard deviation of 20, and the gregariousness scores are normally distributed in the population of college students used to ..
When you have a factorial ANOVA and the interaction effect is significant, does the researcher give much attention to any significant main effects when interpreting the results of the study?
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