Questions
Researchers are comparing the proportion of University Park students who are Pennsylvania residents to the proportion...

Researchers are comparing the proportion of University Park students who are Pennsylvania residents to the proportion of World Campus students who are Pennsylvania residents. Data from a sample are presented in the contingency table below.

Primary Campus

Total

University Park

World Campus

Pennsylvania Resident

Yes

115

70

185

No

86

104

190

Total

201

174

375

  1. Construct a 95% confidence interval to estimate the difference between the proportion of all University Park students who are Pennsylvania residents and the proportion of all World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Show how you checked assumptions. You should not need to do any hand calculations. Use Minitab Express to construct the confidence interval. Remember to copy+paste all relevant Minitab Express output and always clearly identify your final answer. [15 points]
  2. B. Interpret the confidence interval that you computed in part A by completing the following sentence. [5 points]
  3. C. Use the five-step hypothesis testing procedure given below to determine if there is evidence of a difference between the proportion of University Park students who are Pennsylvania residents and the proportion of World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Use Minitab Express. You should not need to do any hand calculations. Remember to copy+paste all relevant Minitab Express output. [30 points]

In: Statistics and Probability

Stan owned PureHands, a business that sold hand sanitizer. He knew that two local hotels had...

Stan owned PureHands, a business that sold hand sanitizer. He knew that two local hotels had just installed a large number of hand sanitizing stations and were buying all of their hand sanitizer from his competitor, GermAway. Stan went to the Hotel Aja, and asked the Purchasing Director if she would consider buying the hotel’s hand sanitizer from him. The director said that she could not do it, because she was bound by a three-year contract to buy all hand sanitizer exclusively from GermAway. Stan offered to sell the hand sanitizer for 15% less than GermAway’s price if the director would buy from PureHands instead of GermAway. The Hotel Aja Purchasing Director then agreed to stop accepting and paying for shipments of hand sanitizer from GermAway. and to start buying from PureHands. Stan and the director immediately wrote and signed a contract to this effect. Stan then went to Hotel Gaucho, and asked the Purchasing Manager if he would buy the hotel’s hand sanitizer from PureHands. The manager told Stan he had been looking for a more competitive price for hand sanitizer, and told Stan the price he was paying with GermAway. Stan said he could sell his hand sanitizer for 10% less, and then the manager agreed to switch to PureHands as Hotel Gaucho’s supplier of hand sanitizer. Stan and the manager immediately wrote and signed a contract to this effect.

Use the IRAC method to analyze the likely outcome of any TORTS lawsuits that could arise from the above case problem.

In: Finance

Concur Technologies, Inc., is a large expense-management company located in Redmond, Washington.  The Wall Street Journal asked...

Concur Technologies, Inc., is a large expense-management company located in Redmond, Washington.  The Wall Street Journal asked Concur to examine the data from 8.3 million expense reports to provide insights regarding business travel expenses. Their analysis of the data showed that New York was the most expensive city, with an average daily hotel room rate of $198 and an average amount spent on entertainment, including group meals and tickets for shows, sports, and other events, of $172. In comparison, the U.S. averages for these two categories were $89 for the room rate and $99 for entertainment. The table in the Excel Online file below shows the average daily hotel room rate and the amount spent on entertainment for a random sample of 9 of the 25 most visited U.S. cities (The Wall Street Journal, August 18, 2011). Construct a spreadsheet to answer the following questions.

  1. Develop the least squares estimated regression equation.

    Entertainment = (___)+(___) Room Rate ( to 4 decimals)

  2. Provide an interpretation for the slope of the estimated regression equation (to 3 decimals).

    The slope of the estimated regression line is approximately (____) . So, for every dollar increase in the hotel room rate the amount spent on entertainment increases by $ (___).

  3. The average room rate in Chicago is $128, considerably higher than the U.S. average. Predict the entertainment expense per day for Chicago (to whole number).

    $ (___)

     
    Hotel Room Rate ($) Entertainment ($)
    152 162
    96 104
    87 103
    113 141
    92 98
    103 121
    133 167
    88 140
    81 96

In: Statistics and Probability

Incorporated by the founder of the Tata Group, Jamsetji Tata, the company opened its first hotel,...

Incorporated by the founder of the Tata Group, Jamsetji Tata, the company opened its first hotel,
the Taj Mahal Palace, in Mumbai in 1903.
For over a century, The Taj Mahal Palace, Mumbai, has remained an iconic flagship and has set a
benchmark for fine living with exquisite refinement, inventiveness and warmth. Indian Hotels
Company Limited (IHCL) has a portfolio of 170 hotels, including 25 under development, in over
eighty locations in twelve countries spread across four continents.
IHCL is amongst South Asia’s largest hospitality companies by market capitalization and represents
a global hallmark of quality in hospitality.
The Tata Group owns hotels in India and all over the world and in order to effectively control
its hotels systems the management have put the following in place:
Hotel room key cards
• Security alarm systems
• Inventory control
Hotel management systems
• Financial controls
According to your understanding of organisational control explain what is meant by the
following:
a) Planning, organising, coordination and controlling [25 marks]
b) Explain how the above control systems can be used to monitor, measure, and evaluate
the Tata Group Hotel Systems? [25 marks]
c) Give five purposes of control systems used by TATA Hotels and how staff are made
to contribute to their success? [25 marks]
d) Describe the steps in organisational control and explain why corrective action is
important? [15 marks]
e) Give three financial ratios which can be used in Financial controls and their use? (10
marks) [100 marks]

In: Accounting

a. Price discrimination is only possible in a (Click to select)(monopoly,long-run,perfectly competitive,unprofitable) market structure. Suppose you...

a. Price discrimination is only possible in a (Click to select)(monopoly,long-run,perfectly competitive,unprofitable) market structure.

Suppose you are advising Five Banners Amusement Park, which is the only such firm in the state. Two types of visitors are interested in the park: middle-class families with young kids, and teens/college students.

b. What is wrong (from the perspective of Five Banners' revenue) with charging all visitors the same high admissions price?

  • * People will expect extremely awesome rides, which are expensive to build.

  • * Five Banners would have to pay its employees more.

  • * Teens and college students would not be able to visit, even though they would have if the price was lower.

  • * Five Banners would make less money on food sales.

c. What is wrong (from the perspective of Five Banners' revenue) with charging all visitors the same low admissions price?

  • * Five Banners would start to attract competitors.

  • * Five Banners will get less revenue than it could have from the families, who are willing and able to pay more.

  • * The park will be overwhelmed by visitors, leading to unsafe conditions.

  • * Five Banners would have to pay its employees less.

d. If Five Banners engages in price discrimination, the number of people visiting the park will be (Click to select)(the same as, less than, more than) if they charged everyone the same high monopoly price; and will be (Click to select)(the same as, more than, less than) the socially optimal number of visitors that would happen in a perfectly competitive market.

In: Economics

Hotel Sport is in the suburb of large metropolitan area near a sports complex that has...

Hotel Sport is in the suburb of large metropolitan area near a sports complex that has a stadium suitable for baseball and soccer games. The 250-room independent hotel is a select-service property in the mid-range category. Its rate structure is simple:

Rack                                         $190

Weekend                                 $159

Low season/Government    $140

Groups (of 15+)                     $130

Best available rate                 $120

Late August is traditionally a slow season in the hotel and business picks up in September after area businesses and government offices are back in full gear. The sell rate in late August is the $140 low season rate. For the weekend of August 20 to 22 the forecasted occupancy is around 130 rooms. The reservations on the book are 90 guaranteed and 25 non-guaranteed reservations. The hotel expects 15 walk-ins.

Questions

  1. It is July 29. What rate should the revenue manager approve to quote for reservation inquiries for the weekend of August 20–22?

  1. Now it is July 30. One day later: The Major League Soccer Franchise of the city had just clinched a spot in the playoffs and the first game in the elimination round will be against a team from California, the L. A. Galaxy. They have the world’s most famous superstar, David Beckham, in its lineup on August 21. All the hotels in the city are filling up fast and phones with reservation inquiries are ringing off the hook at the Sport.

What rate should the revenue manager approve to quote now for group reservation inquiries for the weekend of August 20–22? Are there any stay control measures that should be considered?

In: Accounting

A prototype automotive tire has a design life of 38,500 miles with a standard deviation of...

A prototype automotive tire has a design life of 38,500 miles with a standard deviation of 2,500 miles. The manufacturer tests 60 such tires. On the assumption that the actual population mean is 38,500 miles and the actual population standard deviation is 2,500 miles, find the probability that the sample mean will be less than 36,000 miles. Assume that the distribution of lifetimes of such tires is normal.

(a) Let X = number of miles on a single tire. Write the question above in terms of this variable X.

(b) Using the software tool above, find the probability stated on part (a)

(c) Using the software tool above, graph the probability of stated on part (b)

2. An automobile battery manufacturer claims that its midgrade battery has a mean life of 50 months with a standard deviation of 6 months. Suppose the distribution of battery lives of this particular brand is approximately normal. On the assumption that the claims are true, find the probability that a randomly selected battery of this type will last less than 48 months. (Use the software link for every question)

(a) Let X = number of months a battery will last. Write the question above in terms of this variable X

(b) Find the probability that a single battery of this type will last less than 48 months.

(c) Find the probability that the mean of a random sample of 36 batteries will be less than 48 months.

(d) Why do you think the values from part (b) and part (c) are different? Explain.

In: Statistics and Probability

The Fast Freight Shipping Company charges the followingrates: Weight of Package(kilograms)         Rate per 500 miles shipped 2...

The Fast Freight Shipping Company charges the followingrates:

Weight of Package(kilograms)         Rate per 500 miles shipped

2 kg orless                                                   $1.10

Over 2 kg but not more than6kg                   $2.20

Over 6 kg but not more than 10kg                $3.70

Over 10 kg but not more than 20kg              $4.80

Write a program that asks for the weight of the package andthe distance it is to be shipped, and then displays thecharges.

Input Validation: Do not accept values of 0 or less for theweight of the package. Do not accept weights of more than 20 kg. Do not accept distances of less than 10 miles or more than 3,000miles.

Can someone do this in PYTHON please!

Sample Outputs

3kg and 501 miles = $4.40

7kg and 501 miles = $7.40

11 kg and 501 miles = $9.60

I don't know how to get these outputs

I JUST NEED THE IF/ELIF STATEMENTS IN ORDER TO GE THESE OUTPUTS, I ALREADY HAVE THE RESTRICTIONS IN CODE

weight=int(input("enter weight"))
while weight>=21 or weight<=0:
      print("weight must be greater than 0 but less than 20 ")
      weight=int(input("enter weight"))

shippingDistance=int(input("Enter Shipping Distance"))
while shippingDistance >= 3001 or shippingDistance <= 9:
    print("Distance must be between 10 and 3000 miles")
    shippingDistance=int(input("Enter Shipping Distance"))

In: Computer Science

The average annual wind speed in Rochester, Minnesota is 13.1 miles per hour. A sample of...

The average annual wind speed in Rochester, Minnesota is 13.1 miles per hour. A sample of 100 days is used to determine the average wind speed. Find the 98% confidence interval of the mean. Assume the standard deviation was 2.8 miles per hour.

In: Statistics and Probability

James, Kinkaid, the owner of the Kinkaid Company was convinced by Douglas Shaw, one of his...

James, Kinkaid, the owner of the Kinkaid Company was convinced by Douglas Shaw, one of his employees, that a fellow worker, Dick Miller, had been stealing money from the company. During a break in the company's conference room, Kinkaid fired Miller in front of other workers, accused him of stealing from the company, searched through his briefcase over his objections, and finally forcibly escorted him to his office to await the arrival of the police, which he had his assistant summon. Miller was indicted for embezzlement but subsequently was acquitted upon establishing his innocence. What rights, if any, does Miller have against Kinkaid? Please discuss.

2. Sandra Davis was a worker in a New York hotel owned by the Royal Crown International Hotel Co. One day, Henry Lambert, the manager of the hotel support team, gathered all the workers and told them that a great deal of theft had taken place within the hotel. He warned the assembled workers that unless someone confessed or revealed the name of the responsible person, he would start to fire all the workers according to seniority. When no one volunteered the information he was seeking, Lambert fired Sandra Davis, a single parent of three small children. Ms Davis became very upset, began to cry, sustained emotional distress, mental anguish, and loss of wages and earnings.

Ms. Davis sued the Royal Crown International Hotel Co and Henry Lambert alleging that the defendants acted recklessly and outrageously, intending to cause emotional distress and anguish. The defendants argued that damages for emotional distress are not recoverable unless physical injury occurs as a result of the distress. Will Davis be successful on her complaint? Please explain.

3. Fred Banyon, the owner of a rural property, has a place on his land where he piles trash. The pile has been there for three months. Carl, a neighbor of the adjoining property, without Fred's consent or knowledge, threw his trash onto the trash pile. Fred discovered what Carl had done and sued. What tort, if any, has Carl committed? Please explain.

James, Kinkaid, the owner of the Kinkaid Company was convinced by Douglas Shaw, one of his employees, that a fellow worker, Dick Miller, had been stealing money from the company. During a break in the company's conference room, Kinkaid fired Miller in front of other workers, accused him of stealing from the company, searched through his brief case over his objections, and finally forcibly escorted him to his office to await the arrival of the police, which he had his assistant summon. Miller was indicted for embezzlement but subsequently was acquitted upon establishing his innocence. What rights, if any, does Miller have against Kinkaid? Please discuss.

2. Sandra Davis was a worker in a New York hotel owned by the Royal Crown International Hotel Co. One day, Henry Lambert, the manager of the hotel support team, gathered all the workers and told them that a great deal of theft had taken place within the hotel. He warned the assembled workers that unless someone confessed or revealed the name of the responsible person, he would start to fire all the workers according to seniority. When no one volunteered the information he was seeking, Lambert fired Sandra Davis, a single parent of three small children. Ms Davis became very upset, began to cry, sustained emotional distress, mental anguish, and loss of wages and earnings.

Ms. Davis sued the Royal Crown International Hotel Co and Henry Lambert alleging that the defendants acted recklessly and outrageously, intending to cause emotional distress and anguish. The defendants argued that damages for emotional distress are not recoverable unless physical injury occurs as a result of the distress. Will Davis be successful on her complaint? Please explain.

3. Fred Banyon, the owner of a rural property, has a place on his land where he piles trash. The pile has been there for three months. Carl, a neighbor of the adjoining property, without Fred's consent or knowledge, threw his trash onto the trash pile. Fred discovered what Carl had done and sued. What tort, if any, has Carl committed? Please explain.

In: Psychology