QUESTION 1

1. In order to determine the average price of hotel rooms in Atlanta, a sample of 38 hotels were selected. It was determined that the average price of the rooms in the sample was $109.3. The population standard deviation is known to be $18. We would like to test whether or not the average room price is significantly different from $110.

   Compute the test statistic.

QUESTION 2

1. In order to determine the average price of hotel rooms in Atlanta, a sample of 39 hotels were selected. It was determined that the test statistic (z) was $-1.99. We would like to test whether or not the average room price is significantly different from $110. Population standard deviation is known to us.

   Compute the p-value.

QUESTION 3

1. In order to determine the average price of hotel rooms in Atlanta. Using a 0.1 level of significance, we would like to test whether or not the average room price is significantly different from $110. The population standard deviation is known to be $16. A sample of 64 hotels was selected. The test statistic (z) is calculated and it is -1.38.

   We conclude that the average price of hotel rooms in Atlanta is NOT significantly different from $110. (Enter 1 if the conclusion is correct. Enter 0 if the conclusion is wrong.)

QUESTION 4

1. In order to determine the average price of hotel rooms in Atlanta. Using a 0.1 level of significance, we would like to test whether or not the average room price is significantly different from $110. The population standard deviation is known to be $16. A sample of 64 hotels was selected. The p-value associated with the test statistic (z) is calculated and it is 0.03.

   We conclude that the average price of hotel rooms in Atlanta is NOT significantly different from $110. (Enter 1 if the conclusion is correct. Enter 0 if the conclusion is wrong.)

Mohanned decided to start a water theme park in Barka , Oman . He prepared a business plan and submitted it to Bank Muscat to take loan of OMR 5000000 . He submitted documents of his 5 villas to get the loan from bank . After the bank issued loan Mohanned went to Oman chamber of commerce and industry and requested his new theme park named as Ross Island to be legally registered . After checking the documents the ministry registered the theme park as Ross Island LLC . Mohanned had partners who invested in this new business who were shareholders . The tourists who came to his place and the citizens who came to the Ross Island kept increasing . The entry tickets pricing was affordable many visitors came to his park . So Mohanned started Ross Island also in Salalah .

1 ) Is Mohanned an entrepreneur or Intrapreneur ? Define entrepreneur and intrapreneur .

2 ) Mohanned requested OMR 5000000 loan from Bank Muscat . What is this request called in Business Plan ? Define it .

3 ) Write the management team of Ross Island in your own words in two sentences .

4 ) Write the executive summary for Ross Island theme park in your own words in two sentences .

5 ) Write the company description of Ross Island in your own words in two sentences .

6 ) What are the advantages and disadvantages of starting this theme park ?

7 ) Mohanned decides to start one more Ross Island in Salalah . Is this called Market expansion ? Explain it .

8 ) He registered Ross Island as LLC . Define LLC .

9 ) Mohanned submitted documents of his 5 villas . What are these documents called ?

10 ) Do you think that this business will be successful ?

Jason Hope opened a hotel. Prepare journal entries and post to the appropriate T-accounts to record the following transactions. Compute the balance as of June 30 for each T-account Hope uses the accounts Room Rental Revenue and Event Revenue. All expenses for special events are recorded as Event Expense.

June 1 Hope invested $400,000 cash into the business

June 2 Hope purchased a hotel building for $800,000 and land for $100,000. Hope paid $250,000 in cash and signed note payable for $650,000.

June 3 Paid $6,000 for a six month insurance policy on the hotel.

June 5 Purchased supplies costing $4,000 on account.

June 10 Received advance payments of $12,000 from customers that will be staying at the hotel in July. Payments will be refunded if the customer cancels within 7 days of their scheduled arrival time.

June 14: Received cash payments of $13,000 from current customers staying at the hotel in June.

June 15 Paid $2,000 cash for staff salaries. June 16 Paid $500 for maintenance expense.

June 17: Received $10,000 payment for a wedding reception hosted that day.

June 18 Paid $2,500 for catering expenses.

June 18 Paid event expenses of $1,000 for table and chair rentals.

June 19 Paid event expenses of $2,000 for flowers.

June 24 Paid for the supplies purchased on June 5.

June 25 Recorded an additional $5,000 cash received from current hotel customers for June.

June 30 Paid $2,000 cash for staff salaries.

June 30 The owner withdrew $4,000 for personal use.

A donor pledges $100,000 to the Shakespeare Foundation to be used only to support the summer Shakespeare Theater—an event that has been held every summer for 38 years. This is an example of a A. Conditional Contribution. B. Contributions with donor restrictions. C. Contributions with no donor restrictions. D. A decrease in net assets.

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% confidence interval for the population mean.

A random sample of 60 home theater systems has a mean price of ​$110.00. Assume the population standard deviation is ​$16.90.

The​ 90% confidence interval is what?

Think of a time when you had to locate someone in a crowd, such as a participant in a parade, a friend in a packed theater, or a runner in a marathon. Based on your experience, respond to the following:
Did you conduct a conjunctive search? If yes, how did the number of distracters and features affect your search?

Summary In this lab, you write a while loop that uses a sentinel value to control a loop in a C++ program that has been provided. You also write the statements that make up the body of the loop. The source code file already contains the necessary variable declarations and output statements. Each theater patron enters a value from 0 to 4 indicating the number of stars the patron awards to the Guide’s featured movie of the week. The program executes continuously until the theater manager enters a negative number to quit. At the end of the program, you should display the average star rating for the movie. Instructions Ensure the source code file named MovieGuide.cpp is open in your code editor. Write the while loop using a sentinel value to control the loop, and write the statements that make up the body of the loop. The output statements within the loop have already been written for you. Ensure you include the calculations to compute the average rating. Execute the program by clicking the Run button. Input the following: 0, 3, 4, 4, 1, 1, 2, -1 Ensure the average output is correct.

this is the prewritten code:

// MovieGuide.cpp - This program allows each theater patron to enter a value from 0 to 4

// indicating the number of stars that the patron awards to the Guide's featured movie of the

// week. The program executes continuously until the theater manager enters a negative number to

// quit. At the end of the program, the average star rating for the movie is displayed.  

#include <iostream>

#include <string>

using namespace std;

int main()

{

   // Declare and initialize variables.

   double numStars;            // star rating.

   double averageStars;    // average star rating.

   double totalStars = 0;    // total of star ratings.

   int numPatrons = 0;           // keep track of number of patrons

   // This is the work done in the housekeeping() function

   // Get input.

   cout << "Enter rating for featured movie: ";

   cin >> numStars;

   // This is the work done in the detailLoop() function

   // Write while loop here    

   // This is the work done in the endOfJob() function

   cout << "Average Star Value: " << averageStars << endl;

   return 0;

} // End of main()

Bueno is a company in Mexico that produces T-shirts for domestic and international customers. Bueno wants to use the well-known design of a popular Disney character, Mickey Mouse, on its products. What advice would you give Bueno?