List and describe 3 sources of equity capital in the hotel real estate market.
In: Operations Management
In: Operations Management
At many amusement parks, customers who enter the park after 4 p.m. receive a steep discount on the price they pay. This is a type of price discrimination because the amusement park charges a lower price to
students who can’t visit until after 4 p.m. anyway.
people who have a more inelastic demand for amusement parks.
people who have a more elastic demand for amusement parks.
people with 9-to-5 jobs.
In: Economics
A random sample of 378 hotel guests was taken at La Mirage and
it was found that 194 requested non-smoking room. Another random
sample of 516 hotel guests at Neptune Grand showed that 320
requested non-smoking room. We wan to test the claim that the
percentage of guests requesting non-smoking room is different
between the two hotels, using significance level 0.05. Round you
answer to 3 decimal places.
In: Statistics and Probability
In a survey of 3929 travelers, 1431 said that location was very important for choosing a hotel and 1222 said that reputation was very important in choosing an airline. Complete parts (a) through (c) below.
a. Construct a 95% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.
b. Construct a 95% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.
In: Statistics and Probability
In a survey of 3,654 travelers, 1,456 said that location was very important for choosing a hotel and1,210 said that reputation was very important in choosing an airline. Complete parts (a) and (b) below.
a. Construct a 90% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.
b. Construct a 90% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.
In: Statistics and Probability
Write a program that prompts the user for their first and last name. Display the first initial of their first name and their last name to the user.
Ask the user to input a phone number.
The program checks which part of Colorado a phone number is from using the values below.
If the second digit of the phone number is one of the below digits, print the phone number and which part of Colorado it is from. If none of the digits are entered, display the phone number and state it is not in Colorado.
If the number is in Estes Park, the user should see: phone number + “is in Estes Park, it is time to go pick up your new Corgi puppy!”
If the second digit of a phone number is:
0 = Boulder
1 = Colorado Springs
2 = Denver
7 = Estes Park
Sample output:
Please enter your first and last name: Ollie Biscuit
Hello, O Biscuit! //displays first initial and last name
Please enter a phone number:
Your phone number is: xxx-xxx-xxxx. Your number is not in Colorado.
OR
Your phone number is: xxx-xxx-xxxx. Your number is in Denver.
OR
Your phone number is: xxx-xxx-xxxx is in Estes Park, it is time to go pick up your new Corgi puppy!
In: Computer Science
8. A hotel manager is looking to enhance the initial impression that hotel guests have when they check in. Believed to contribute to initial impressions is the time it takes to deliver a guest’s luggage to his or her room after check-in. A random sample of 20 deliveries on a particular day were selected from Wing A of the hotel, and a random sample of 20 deliveries were selected in Wing B (i.e., the Excel tab LUGGAGE). (a) Identify which type of test is most appropriate for you to use, justify your answer. (b) Determine whether or not the mean delivery time differs for the two wings of the hotel (use α = .05). (c) If faster luggage delivery time is positively related to guests’ initial impression, which wing(s) should receive the highest impression ratings? (3 points)
| Wing A | Wing B |
| 10.20 | 13.70 |
| 12.68 | 12.89 |
| 12.29 | 14.83 |
| 11.95 | 12.23 |
| 9.61 | 11.56 |
| 11.53 | 16.05 |
| 11.92 | 15.20 |
| 14.92 | 16.86 |
| 13.69 | 13.26 |
| 14.00 | 10.09 |
| 15.35 | 13.74 |
| 9.05 | 13.85 |
| 15.01 | 13.57 |
| 8.28 | 14.06 |
| 12.23 | 11.91 |
| 14.25 | 14.79 |
| 11.44 | 13.59 |
| 9.57 | 12.13 |
| 13.61 | 14.37 |
| 9.77 | 12.91 |
In: Statistics and Probability
In: Accounting
Draft a document addressing the following topics:
1. Identify the differences between all four market structures in the short-run and long-run. This will be helpful as many of you may hold management positions and/or become entrepreneurs in the near future. When deciding what type of firm to own or operate, you may find that one market structure may be more advantageous over another based on short-run and long-run costs.
2. Explain the significance that the average total cost (ATC) curve has on profit and loss based on each type of market structure. Explore how the ATC curve affects all four market structures and identify whether firms will earn a profit or loss based on the placement of the ATC curve and price.
In: Economics