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Question: Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek. July 27, 2009). These declines were particularly severe in Asia; annual lease rates in Tokyo. Hong Kong. and Singapore declined by 40% or more. Even with such large declines. annual lease rates in Asia were still higher than in many cities in Europe and the United States. Annual lease rates for a sample of 30 commercial properties in Hong Kong showed an average of 51114 per square meter with a standard deviation of 5230. Annual lease rates for a sample of 40 commercial properties in Paris showed an average lease rate of $989 per square meter with a standard deviation of 5195.
a. On the basis of the sample results. can we conclude that the mean annual lease rate is higher in Hong Kong than in Paris? Develop appropriate null and alternative hypotheses.
b. Use α = .01. What is your conclusion? Are rental rates higher in Hong Kong than in Paris?
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Case study – Grand Wines
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Ten major college football bowl games were played in January 2010. with the University of Alabama beating the University of Texas 37 to 21.
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ASB4431 Organisations and People, Assessment : Individual Assignment: Reflective Essay, The individual written assignment will take the form of individual reflection upon some aspect of your personal experience of management and organisations.
1. What is Stew Leonard's value proposition? How does Stew Leonard's build long-term customer relationships?
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