The Business School at State University currently has three parking lots, each containing 155 spaces. Two hundred faculty members have been assigned to each lot. On a peak day, an average of 70% of all lot 1 parking sticker holders show up, an average of 72% of all lot 2 parking sticker holders show up, and an average of 74% of all lot 3 parking sticker holders show up.
a. Given the current situation, estimate the probability that on a peak day, at least one faculty member with a sticker will be unable to find a spot. Assume that the number who show up at each lot is independent of the number who show up at the other two lots. Compare two situations: (1) each person can park only in the lot assigned to him or her, and (2) each person can park in any of the lots (pooling). (Hint: Use the RISKBINOMIAL function.) If needed, round your answer to a whole percentage and if your answer is zero, enter "0".
| No pooling: | % |
| Pooling: | % |
b. Now suppose the numbers of people who show up at the three lots are highly correlated (correlation 0.9). How are the results different from those in part a? If needed, round your answer to a whole percentage.
| No pooling: | % |
| Pooling: |
% |
| NEED HELP WITH PART B |
In: Math
Answer the following post with a constructive criticism
The post below is with the following instructions of:
please choose a company from the service sector, renowned for its excellent customer provision, and provide a brief overview of its sustainability and long-term profitability strategy. What is that makes its customer service unique or unbeatable?
post:
Ritz Carlton is one of the leading international hotels in the world, which has been admired for its exсellent customer service and continuous status of luxury hotel. In order to keep this good position in a very competitive service industry Ritz Carlton uses TQM strategies and continuous improvement. Ritz Carlton has implemented TQM in all of its aspects, but it really payed close attention to its employees who play a major role in providing excellent service to customers. Ritz Carlton has a book which communicates its vision to all the employees. There are all the expects relating to quality described. The famous quote from that communication book is: ''Ladies and gentlemens serving Ladies and gentlemens". This emphasizes the fact that the hotel really cares about their employees and creates good and comfortable work environment for them. This helps to sustain long-term profitability and customer satisfaction for Ritz Carlton. Ritz Carlton communicates quality standards to all of its employees and members in order to make them follow those standards.
In: Operations Management
The Moto Hotel opened for business on May 1, 2017. Here is its
trial balance before adjustment on May 31.
| MOTO
HOTEL Trial Balance May 31, 2017 |
||||||
|
Debit |
Credit |
|||||
| Cash | $ 2,333 | |||||
| Supplies | 2,600 | |||||
| Prepaid Insurance | 1,800 | |||||
| Land | 14,833 | |||||
| Buildings | 67,600 | |||||
| Equipment | 16,800 | |||||
| Accounts Payable | $ 4,533 | |||||
| Unearned Rent Revenue | 3,300 | |||||
| Mortgage Payable | 33,600 | |||||
| Common Stock | 59,833 | |||||
| Rent Revenue | 9,000 | |||||
| Salaries and Wages Expense | 3,000 | |||||
| Utilities Expense | 800 | |||||
| Advertising Expense |
500 |
|||||
|
$110,266 |
$110,266 |
|||||
Other data:
| 1. | Insurance expires at the rate of $450 per month. | |
| 2. | A count of supplies shows $1,070 of unused supplies on May 31. | |
| 3. | (a) Annual depreciation is $3,840 on the building. | |
| (b) Annual depreciation is $3,240 on equipment. | ||
| 4. | The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) | |
| 5. | Unearned rent of $2,630 has been earned. | |
| 6. | Salaries of $730 are accrued and unpaid at May 31. |
(a) Prepare a ledger using T-accounts. Enter the trial balance amounts and post the
adjusting entries.
(b) Prepare an adjusted trial balance on May 31.
(c) Prepare an income statement and a retained earnings statement for the month of May
and a classified balance sheet at May 31.
(d) Identify which accounts should be closed on May 31.
In: Accounting
Write a program in Java Using object Orientation Design to determine the status of Mini Van Sliding Doors. A logical circuit receives a different binary code to allow opening different doors. The doors can be opened by a dashboard switch, inside or outside handle. The inside handle will not open the door if the child safety lock is on or the master lock is on. The gear shift must be in the park to open the door.
** MUST USE constructors and methods. The methods should be instantiated by an object. Use simple main. The first bit Stream must be entered by users. The program needs to be interactive
Hints & Suggestions
park
door1
door2
dashboardSwitch
inHandle
outHandle
safteyLock
| p | d1 | d2 | dw | inh | outh | sLock | desc |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | 1 | 1 | 0 | Saftey Lock Off, door 1 & 2 open |
| 1 | 1 | 0 | 1 | 1 | 1 | 0 | |
| 1 | 0 | 1 | 1 | 1 | 1 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | Car not parked, no door works |
| 1 | 0 | 0 | 0 | 0 | 1 | 1 | Saftey lock on, door only opens from outside |
In: Computer Science
Lodging in Europe
Q1. Write a program to make suggestions on lodging in Europe.
Note that to compare whether a String variable country equals "France", you cannot use country == "France". The correcr way to compare is country.equals("France").
Q2.
Days of a Month
Given the year and month number, return the number of days in the month.
A year is a leap year if the year number is a multiple of 4 but not a multiple of 100. However, if a year number is a multiple of 400, the year is a leap year.
In: Computer Science
Java
Part 2 of 4 - Amusement Park Programming Project
MUST BE COMPATIBLE WITH PART 1
https://www.chegg.com/homework-help/questions-and-answers/java-part-1-4-amusement-park-programming-project-requirements-use-java-selection-construct-q40170145?trackid=ERIFssNL
Requirements:
Class:
Merchandise – models merchandise available in the gift shop such as t-shirts, sweatshirts, and stuffed animals.
Instance Fields:
Constructors and Methods:
In: Computer Science
CREATE TABLE IF NOT EXISTS students (
student_id INT NOT NULL AUTO_INCREMENT,
first_name VARCHAR(16),
last_name VARCHAR(24),
birthday DATE,
street_address VARCHAR(128),
city VARCHAR(32),
PRIMARY KEY (student_id));
INSERT INTO students
(first_name, last_name, birthday, street_address, city) VALUES
('John','Jones','2000-12-17','250 Pines Blvd.','Pembroke Pines'),
('Mark','Bacon','2000-04-12','1270 Walnut St.','Prarie Bluff'),
('Bill','Carlson','1999-07-06','250 Pines Blvd.','Pembroke Pines'),
('Jean','Carlson','1999-07-06','250 Pines Blvd.','Pembroke Pines'),
('Leonard','Cook','2000-09-14','8046 Maple St.','Highland Park'),
('William','Markham','1999-07-06','1600 Sylvan Ln.','Lake Forest'),
('Sam','Cook','1998-10-13','8046 Maple St.','Highland Park'),
('Fred','Williams','1999-07-08','722 Oack Knoll','Arlington'),
('Sally','Fillmore','2000-03-25','1215 Carrington St.','Decatur'),
('Mary','Jones','1999-11-13','1940 Grant St.','Denver'),
('Phyllis','Jones','1999-11-13','1940 Grant St.','Denver');
In: Computer Science
In baseball, is there a linear correlation between batting average and home run percentage? Let x represent the batting average of a professional baseball player, and let y represent the player's home run percentage (number of home runs per 100 times at bat). A random sample of n = 7 professional baseball players gave the following information.
| x | 0.249 | 0.245 | 0.286 | 0.263 | 0.268 | 0.339 | 0.299 |
| y | 1.7 | 3.2 | 5.5 | 3.8 | 3.5 | 7.3 | 5.0 |
(a) Make a scatter diagram of the data.
Selection Tool
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Vertical Parabola
Horizontal Parabola
Point
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Clear Graph
Delete Layer
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WebAssign Graphing Tool
Graph LayersToggle Open/Closed
(b) Use a calculator to verify that Σx = 1.949,
Σx2 = 0.549, Σy = 30.0,
Σy2 = 148.36 and Σxy = 8.687.
Compute r. (Round your answer to three decimal
places.)
As x increases, does the value of r imply that
y should tend to increase or decrease? Explain your
answer.
Given our value of r, y should tend to increase as x increases.Given our value of r, we can not draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to remain constant as x increases.Given our value of r, y should tend to decrease as x increases.
In: Statistics and Probability
In: Finance
A 4-year financial project is forecast to have net cash inflows of $20,000; $25,000; $30,000; and $50,000 in the next 4 years. It will cost $75,000 to implement the project, payable at the beginning of the project. If the required rate of return is 0.2, con duct a discounted cash flow calculation to determine the NPV.
In: Finance