You have a falafel cart and you sell falafel every weekday near Washington Square Park during lunch time. Your daily revenue is normally distributed with a mean of $200 and a standard deviation of $50.
(a) Suppose there is another location that might be worth switching to. You plan to experiment with selling there for awhile, and then use a hypothesis test to determine whether you should switch. If the new location has a normally distributed revenue with a true mean of 210 and a standard deviation of 50, how many days would you have to try selling there to have a power of 50%. Use an α = .05 (significance level).
(b) Suppose you try selling at another location for 16 days, and on average you sell $220 worth of falafel with a sample standard deviation of $36 Using an α = .05, test whether the new location is worth switching to.
In: Statistics and Probability
Project Description The BlueMont chain hotels have 4 different types of room: Single room: $60/night Double room: $75/night King room: $100/night Suite room: $150/night The size of the hotel chains in different locations may be different in terms of the number of floors and the type and the number of rooms on each floor. You are required to write a program that calculates the occupancy rate and the total hotel income for one night and displays this information as well as some other information described below. The program starts by asking the location where this hotel chain is located and the number of floors in the hotel. The number of floors may not exceed 5. The User then enters the total number of rooms for each floor. The program then asks specifically the number of occupied rooms for each room type on this floor. The total number of rooms on each floor may not exceed 30 and the program should check that the total number of occupied rooms on each floor does not exceed the total of rooms on that floor. After the information is entered for each floor, the program calculates the following: - Hotel income (based on the room type and its rate), - The total number of occupied rooms, - Total number of the uncopied rooms, - The rate of occupancy, - Floor number with the minimum number of rooms. (Assume no two floors have the same number of rooms). - A message to improve the occupancy rate for the occupancy rate of less than 60%. - Programmer’s full name - Project number - Project due date Project Specifications -Use constant variables to hold room rates, max and min # of floors and rooms. -The program should continuously ask for the correct floor number if it is not within the range of 1 and 5. -The program should continuously ask for the correct number of rooms for each floor if it is not within the range of 1 and 30. -The program should repeat the process of asking the number of rooms on the floor and number of occupied rooms if the total number of occupied rooms exceeds the total number of rooms on the floor. Refer to Sample outputs for more clarification.
In: Computer Science
Project Description
The BlueMont chain hotels have 4 different types of room:
Single room: $60/night
Double room: $75/night
King room: $100/night
Suite room: $150/night
The size of the hotel chains in different locations may be different in terms of the number of floors and the type and the number of rooms on each floor.
You are required to write a program that calculates the occupancy rate and the total hotel income for one night and displays this information as well as some other information described below.
The program starts by asking the location where this hotel chain is located and the number of floors in the hotel. The number of floors may not exceed 5. The User then enters the total number of rooms for each floor. The program then asks specifically the number of occupied rooms for each room type on this floor. The total number of rooms on each floor may not exceed 30 and the program should check that the total number of occupied rooms on each floor does not exceed the total of rooms on that floor.
After the information is entered for each floor, the program calculates the following:
- Hotel income (based on the room type and its rate),
- The total number of occupied rooms,
- Total number of the uncopied rooms,
- The rate of occupancy,
- Floor number with the minimum number of rooms. (Assume no two floors have the same number of rooms).
- A message to improve the occupancy rate for the occupancy rate of less than 60%.
- Programmer’s full name
- Project number
- Project due date
Project Specifications
-Use constant variables to hold room rates, max and min # of floors and rooms.
-The program should continuously ask for the correct floor number if it is not within the range of 1 and 5.
-The program should continuously ask for the correct number of rooms for each floor if it is not within the range of 1 and 30.
-The program should repeat the process of asking the number of rooms on the floor and number of occupied rooms if the total number of occupied rooms exceeds the total number of rooms on the floor.
In: Computer Science
Please show me step by step.
Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 1,736 $ 4,127 February 1,904 $ 4,207 March 2,356 $ 5,083 April 960 $ 2,857 May 360 $ 1,871 June 744 $ 2,696 July 2,108 $ 4,670 August 2,406 $ 5,148 September 840 $ 2,691 October 124 $ 1,588 November 720 $ 2,454 December 1,364 $ 3,529 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Seasonal factors like winter or summer. unchecked Systematic factors like guests, switching off fans and lights. unchecked Number of days present in a month. unchecked Fixed salary paid to hotel receptionist. unchecked Income taxes paid on hotel income. unchecked
In: Accounting
1) Robots, Inc. reports the following financial data for the year:
Gross income from sales and services 200k
Wages, cost recovery and other expenses 180k
Dividend income from at least 20% owned Corp. 40k
Net Operating Loss Carryover 20k
Capital Losses 10k
Charitable Contribution Carryover 7k
Current charitable contributions11k
a) What is Robot's charitable contribution deduction?
b) How much of the charitable contribution carryover is used up
c) What is taxable income?
d) What is the dividend received deduction?
In: Accounting
] The average cost per night of a hotel room in San Francisco is $550 with a standard deviation is $150 based on a sample of 50 hotel room rates. a) Clearly state what the random variable in this problem is? b) What is an appropriate distribution to be used for finding the confidence intervals for this problem and why? c) Construct a 99% confidence interval estimate on the mean of all hotel room rates. d) What is the 90% confidence interval estimate? e) What is the 95% confidence interval estimate?
In: Statistics and Probability
Compute the payback period, Internal Rate of Return and Net. Present Value. Assume a Discount Rate of 4%, Ivt. in Project is $1,500,000 Year Return ($) 1 300k 2 500k 3 400k 4 300k 5 200k 6 100k
In: Finance
This is t a relational database please write SQL queries to solve the listed questions.
The database is a variation of the “Movie Database” . There are several differences in it, so look it over carefully before writing your SQL queries
Notes:
|
City |
State |
Mayor |
CITY
|
TheaterNum |
Address |
Phone |
City |
State |
Capacity |
THEATER
|
MovieNum |
Title |
Year |
Length |
Type |
DirName |
ProdName |
Revenue |
MOVIE
|
TheaterNum |
MovieNum |
SHOWINGS
|
DirName |
Dir Address |
Dir Cell |
DIRECTOR
|
ProdName |
Prod Addr |
Proc Cell |
PRODUCER
|
ActorNum |
ActorName |
CurrentAge |
PlaceBirth |
ACTOR
|
ActorNum |
PreviousJob |
PREVIOUSJOB
|
ActorNum |
MovieNum |
Star |
ACTEDIN
|
NewsName |
City |
State |
NEWSPAPER
|
RevName |
Years Work |
REVIEWER
|
ReviewNum |
Text |
Date |
MovieNum |
NewsName |
RevName |
REVIEW
Questions
Remember to follow all of the instructions listed on the first page.
1. Which theater(s) in Tennessee have the largest capacity?
2. How many reviews were written for each movie directed by John Carter that were filmed in the period 2014 to 2019
3. List the phone number of every theater in Tennessee. Order the results by theater number.
4. What was the total revenue generated by movies made in 2015 that were both directed by James Smith and produced by Mary Jones?
5. Assume there is only one movie titled, “The Matrix.” Who reviewed it?
6. List the cities in Tennessee that have theaters with capacities of at least 200 seats. List the cities in alphabetic order.
7. Which movies have generated more revenue than the movie directed by John Carter in 2010 that generated the most revenue of the movies he directed that year?
8. Which theaters in Tennessee, Arkansas, or Mississippi (you may use 2-letter abbreviations) showed movies whose titles began with any of the letters R, S, or T? List the theaters in numeric order.
9. Who is the oldest actor who starred in a movie made between 1995 and 2005 that was both directed by James Smith and produced by Mary Jones?
10. What was the total revenue generated by movies produced by each producer from 2010 to 2018 that starred an actor who is currently under 40 years of age? Only include producers whose movies generated more than a total of $75,000,000.
In: Computer Science
Question 5 Accounting for Consolidation
The accountant of Park Ltd needs to prepare consolidated financial statements for Park Ltd at the end of financial year. Following information was available on 30 June 2020:
Park Ltd acquired 100 per cent interest in Sun Ltd for $850,000 on 1 July 2015. All assets and liabilities were fairly valued on the acquisition date. At the date of acquisition, the equity of Sun Ltd included:
Share capital $320,000
Reserve $160,000
Retained earnings $280,000
The balance of the investment account was $850,000 as shown in the Statement of Financial Position of Park Ltd on 30 June 2020.
Required: (Narrations are required in this question)
In: Accounting
The accountant of Park Ltd needs to prepare consolidated financial statements for Park Ltd at the end of financial year. Following information was available on 30 June 2020:
Park Ltd acquired 100 per cent interest in Sun Ltd for $850,000 on 1 July 2015. All assets and liabilities were fairly valued on the acquisition date. At the date of acquisition, the equity of Sun Ltd included:
Share capital $320,000
Reserve $160,000
Retained earnings $280,000
The balance of the investment account was $850,000 as shown in the Statement of Financial Position of Park Ltd on 30 June 2020.
Required: (Narrations are required in this question)
In: Accounting