Mikes Pizza Parlor chains operates restaurants located in a five state area. The most successful locations for Mike’s Pizza Parlor are near college campuses. The managers believe that quarterly sales for these restaurants are related positively to the size of the student population. In other words, restaurants located near campuses with a large population tend to generate more sales than those located near campuses with smaller populations. Using regression analysis, what is the dependent and independent variable to use? Explain. Then, provide a separate example on your own.
In: Accounting
The mass of Earth is 5.972 * 1024 kg, and the radius of Earth is 6,371 km. The mass of the moon is 7.348 * 1022 kg, and the radius of the moon is 1,737 km. The centers of the Earth and the moon are separated by 384,400 km.
In: Physics
Rajab has a bookstore near a sea shore, which is insured for €150,000 under a commercial property insurance policy. The policy contains an 80 percent coinsurance clause. Rajab’s bookstore suffered a loss worth €100,000 due to tsunami. If the replacement cost of the bookstore at the time of loss is €250,000, how much will he collect from his insurer? Rajab will collect €Answer for the loss from his insurer.
In: Finance
Company Z had the following transactions in its first year of operations:
(1) On January 15, purchased 5,000 units of inventory for $20 each
(2) On March 1, purchased 10,000 units of inventory for $22 each
(3) On March 30, sold 7,000 units of inventory for $48 each
(4) On June 20, purchased 9,000 units of inventory for $25 each
(5) On August 10, sold 12,000 units of inventory for $50 each
(6) On September 3, sold 1,000 units of inventory $49 each
Company Z records transactions using a perpetual system. Calculate the cost of goods sold and ending inventory using (1) average cost, (2) FIFO, and (3) LIFO.
Company Z asks you to advise them on which inventory method to use. What method would you choose if the company wants to take out a loan from a bank in the near future that requires the company to meet a large threshold for its current assets’ value? What method would you choose if the company has a near-term investment opportunity that requires more cash on hand? Explain your answers.
In: Accounting
Describe the externalities associated with a football stadium
compared with
an amusement park. Which would have greater positive externalities?
Which
would have greater negative externalities?
In: Economics
Please answer each question in 350-500 words.
If you were running the organization(Hotel Management Group), what changes would you make and why?
In: Operations Management
1-Explain the difference between promotion and advertising.
2-Why might it make sense for a hotel chain to shift some of its advertising dollars to public relations?
In: Operations Management
Please answer each question in 350-500 words.
If you were running the organization(Hotel Management Group), what changes would you make and why?
In: Operations Management
The following linear regression model can be used to predict ticket sales at a popular water park (the correlation is significant).
Ticket sales per hour = -631.25 + 11.25(current temperature in °F)
Choose the statement that best reflects the meaning of the slope in this context.
Group of answer choices
The slope is slippery.
The slope tells us that a one degree increase in temperature is associated with an average increase in ticket sales of 11.25 tickets.
The slope tells us that if ticket sales are decreasing there must have been a drop in temperature.
The slope tells us that high temperatures are causing more people to buy tickets to the water park.
In: Statistics and Probability
A study of the career paths of hotel general managers sent questionnaires to an SRS of 250 hotels belonging to major U.S. hotel chains. There were 129 responses. The average time these 129 general managers had spent with their current company was 10.33 years. (Take it as known that the standard deviation of time with the company for all general managers is 2.1 years.)
(a) Find the margin of error for an 85% confidence interval to estimate the mean time a general manager had spent with their current company: _____ years
(b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: _____ years
In: Statistics and Probability