New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night. Assume that room rates are normally distributed with a standard deviation of $55.

(a)

What is the probability that a hotel room costs $265 or more per night? (Round your answer to four decimal places.)

(b)

What is the probability that a hotel room costs less than $120 per night? (Round your answer to four decimal places.)

(c)

What is the probability that a hotel room costs between $210 and $300 per night? (Round your answer to four decimal places.)

(d)

What is the cost in dollars of the 10% most expensive hotel rooms in New York City? (Round your answer to the nearest cent.)

New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night.† Assume that room rates are normally distributed with a standard deviation of $55.

(a)

What is the probability that a hotel room costs $255 or more per night? (Round your answer to four decimal places.)

(b)

What is the probability that a hotel room costs less than $130 per night? (Round your answer to four decimal places.)

(c)

What is the probability that a hotel room costs between $200 and $280 per night? (Round your answer to four decimal places.)

(d)

What is the cost in dollars of the 20% most expensive hotel rooms in New York City? (Round your answer to the nearest cent.)

$

1. The Howell’s decided to build a resort hotel on land owned by Chief Ugundi. For each of the following items, indicate whether the cost should be recorded as Land (L), Land Improvements (LI), Resort Hotel (RH), or Equipment (E) by placing the correct answer in the space provided.

2. Prepare below the journal entry to record the above transactions assuming all costs were paid with Cash the Howell’s brought with them to the island. Please note that all costs listed above should be included in one of the accounts listed below. Just fill in the debit amounts appropriately and check to make sure all debits together equal the amount for Cash.

3. The Skipper and Gilligan spent $200,000 to build a marina in the cove. The marina is expected to have a useful life of 20 years at the end of which it is expected to have a salvage value of $30,000. Show your calculation of depreciation expense per year below.

Prepare below the journal entry to record depreciation expense for Year One using the straight-line method.

Prepare below the journal entry to record depreciation expense for Year Two.

      C. What is the book value of the marina after Year Two? Show your work below.

An amusement park, whose customer set is made up of two markets, adults and children, has developed demand schedules as follows:

            Qa = 20 – Pa             where a is adult market

            Qc = 30 – 2 Pc          Where c is children market

            QT = 50 – 3 PT         where T is the two markets combined

Assume that the marginal cost of each unit of quantity is $5 (constant), the owners of the park want to maximize profit:

1. Calculate the price, quantity and profit if the amusement park charges a different price in each market.
2. Calculate the price, quantity and profit if the amusement park charges the same price in the two markets combined.

An amusement park, whose customer set is made up of two markets, adults and children, has developed demand schedules as follows:

            Qa = 20 – Pa            where a is adult market

            Qc = 30 – 2 Pc         Where c is children market

            QT = 50 – 3 PT         where T is the two markets combined

Assume that the marginal cost of each unit of quantity is $5 (constant), the owners of the park want to maximize profit:

1. Calculate the price, quantity and profit if the amusement park charges a different price in each market.
2. Calculate the price, quantity and profit if the amusement park charges the same price in the two markets combined.

Hadey is approaching the housing situation from a different direction. He does a little research and learns that the mean rent for a one bedroom one bathroom apartment in Avocado Park is $1050 per month with a standard deviation of $125 per month.

A. The Avocado Park Housing Authority defines affordable housing as costing LESS than $900 per month for a 1B1R. Would such an apartment be considered unusual for the neighborhood?

B. Hadey wants to develop a new apartment building in Avocado Park offering 1B1R units at a price of $1000 per month. What effect would this new building have on the mean and standard deviation for 1B1R in Avocado Park?

C. If the Avocado Park Housing Authority issued vouchers to subsidize all 1B1Rs in the neighborhood and they lowered the rent on each unit by exactly $100 per month, what would the new mean and standard deviation be for the cost of renting a 1B1R in Avocado Park.

Overview

For this program, add code to program 2 that will (potentially) allow for a discount to be applied to the cost of the tickets to the movie theater.

Basic Program Logic

The program should start the same as program 2 by asking the user for the number of tickets to purchase for adult and children.

The program should then ask the user if they have a discount coupon. This is a string value. A value of "Y" indicates the user does have a coupon. Any other value indicates the user does not have a coupon.

If the user does have a discount coupon, ask if the coupon is for a free adult ticket or free child ticket. This is also a string value. A value of "A" is for a free adult ticket which means that a discount of 11.25 should be applied to total purchase. A value of "C" is for a free child ticket which means that a discount of 4.50 should be applied to the total purchase. Any other value is invalid which means that no discount should be applied to the total purchase. If an invalid discount type is selected, display a message to the user that their discount type is not valid and that no discount will be applied.

Calculate the user's total purchase amount, making sure to apply the appropriate discount amount (11.25, 4.50, or 0.00).

Finally, display the results similar to program 2: the number of adult tickets that were purchased, the number of child tickets that were purchased, the discount amount (if a discount was applied to the purchase), and the total purchase amount. The discount amount should ONLY be displayed if the user indicated they had a discount coupon. As with program 2, use setw to line up the last digit of the displayed values and setprecision to display 2 digits after the decimal point.

Program Requirements

1. At the top of the C++ source code, include a documentation box that resembles the one from programs 1 and 2.

2. The dollar amounts should all be displayed with exactly 2 digits after the decimal point, including zeros.

3. The numeric values read in from the user should all be integer values. The discount values read in from the user should all be string values. Use meaningful variable names.

4. Make sure and test the program with values other than those in the sample output.

Output

A few runs of the program should produce the following results:

Run 1

Enter the number of adult tickets that are being purchased: 2
Enter the number of child tickets that are being purchased: 5

Do you have a discount coupon (Y for yes)? Y

Is the discount for an adult or child's ticket (A for adult, C for child)? C


************************************
           Theater Sale
************************************
Number of adult tickets:           2
Number of child tickets:           5

Discount:                       4.50

Total purchase:                40.50

Run 2

Enter the number of adult tickets that are being purchased: 1
Enter the number of child tickets that are being purchased: 2

Do you have a discount coupon (Y for yes)? n


************************************
           Theater Sale
************************************
Number of adult tickets:           1
Number of child tickets:           2

Total purchase:                20.25

Run 3

Enter the number of adult tickets that are being purchased: 2
Enter the number of child tickets that are being purchased: 2

Do you have a discount coupon (Y for yes)? Y

Is the discount for an adult or child's ticket (A for adult, C for child)? S
Error: S is not a valid discount type. No discount will be applied

************************************
           Theater Sale
************************************
Number of adult tickets:           2
Number of child tickets:           2

Discount:                       0.00

Total purchase:                31.50

Run 4

Enter the number of adult tickets that are being purchased: 4
Enter the number of child tickets that are being purchased: 2

Do you have a discount coupon (Y for yes)? Y

Is the discount for an adult or child's ticket (A for adult, C for child)? A


************************************
           Theater Sale
************************************
Number of adult tickets:           4
Number of child tickets:           2

Discount:                      11.25

Total purchase:                42.75

Design an individual column footing where DL = 200k, LL = 500k, allowable soil pressure = 3k/ft2, f′c col = 4ksi, f′c ftg = 3ksi, 28″ x 28″ column, supporting interior column.

Design an individual column footing where DL = 200k, LL = 500k, allowable soil pressure = 3k/ft2, f′c col = 4ksi, f′c ftg = 3ksi, 28″ x 28″ column, supporting interior column.

Question B1 Hong Kong Tourism Board (HKTB) has modified the hotel classification system to reflect more accurately the quality and service of Hong Kong Hotel. These factors are weighted to their relative importance according to the result of survey. The composite score of a hotel, which is compiled, based on the scores obtained for the indicators and the weights of the indicator and it is the overall measure reflecting the category of the hotel.

a) Identify FOUR components under Facilities factor; illustrate your answer with ONE example from each component.

b) From each component under Facilities, based on the official websites of EIGHT hotels in HKSAR, find out a total of EIGHT different hotels, including FOUR of them will get lowest score and FOUR of them will get highest score. Briefly provide reasons to support your findings.

c) Under Location, hotel can get score 1 to 5. Identify and explain FIVE different hotels, including ONE each with score 1, 2, 3, 4 and 5 at Location, based on the websites of hotels in HKSAR.

d) Explain how a hotel can get the highest score under SRR.

e) Explain how a hotel can get the highest score under AARR. f) Under Business Mix, will a hotel get zero score? Explain your answer.