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Examples of hotel functions include setting daily room rates, attracting events (meetings, conferences, etc.), managing hotel material, etc. For each function, specify what data you would need to help you manage the function better, how you would analyze the data (using one or more of the descriptive techniques), what type of data individual variables represent (e.g., interval), and how you would tabulate or graph the data you collected for each function. For example, to set daily room prices, you can use historical sales data to compute average daily prices, a measure of dispersion to estimate up-and-down volatility, and histograms to graphically illustrate occupancy rates associated with different price levels. Your description of each of the three operational functions should include a clear specification of the function (e.g., setting daily room prices), a description of the data source (e.g., historical sales data), the data type, a specific descriptive technique to convert data into information pertinent to each function, and a description of tabular and graphical results, including examples generated using a Microsoft Excel spreadsheet.
Multiple choices based on regression analysis - the percentage of variation in the dependent variable explained by the variation in the independent variable
A certain model of remote-control Stanley garage door opener has nine binary (off/on) switches. The homeowner can set any code sequence.
If there are 20 people in the room, 12 men and 8 women, what is the probability of picking two people, without replacement, getting a woman on the first and a man on the second?
1.a plumbing contractor puts in bids on two large jobs. let the event that the contractor wins the first contract be a
Find how large a sample must be drawn in order to be 90 percent confident that the sample mean will not differ from the population mean by more than 3.7 pounds.
1. you are tracking correlation of two funds fund a and fund b. examining current quarter data to date the probability
Consider two urns with the following composition: Urn 1 contains 5 red and 15 black balls, Urn 2 contains 8 red and 12 black balls.
Vote in favor of ABC in the elections. Derive a 95 % confi dence interval for the mean proportion of voters in Sile who will vote for ABC in the coming elections.
What is your decision about H0 and H1 at = 0:05? Give the orderings of the population means according to the tukey procedure. Is H0 : 2 = 4 a contrast?
Find the standard deviation for the given sample data. Round your answer to one more decimal place than is present in the original data.
1.a large study was done to compare two treatments for recurring ear infections in young children. a total of 150
What is the probability that the first two cards dealt yields "Black Jack"?
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