Questions
7. In a survey of 4000 travelers, 1500 said that location was very important for choosing...

7. In a survey of 4000 travelers, 1500 said that location was very important for choosing a hotel and 1200 said that reputation was very important in choosing an airline. a. Construct a 95% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.

b. Construct a 95% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.

c. Write a short summary of the information derived from (a) and (b).

In: Statistics and Probability

A survey found that women's heights are normally distributed with mean 62.6 in. and standard deviation...

A survey found that women's heights are normally distributed with mean 62.6 in. and standard deviation 2.4 in. The survey also found that men's heights are normally distributed with mean 67.1 in. and standard deviation 3.4 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 56 in. and a maximum of 64 in. Complete parts (a) and (b) below.
a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement park?

In: Statistics and Probability

Mr. Ahmed wants to open a small Edu park for children with special needs so that...

Mr. Ahmed wants to open a small Edu park for children with special needs so that the Edu park will not only provide special education and training for such children but also give some fun related games where such children motor skills and concentration improves.

1Q. Help Mr. Ahmed in setting his overall goals, objectives and strategies for his new business

in context with his mission and goal.

2Q. Suggest him with good decision of marketing concepts for his new business.

In: Operations Management

Park Co.’s 2018 income statement reported $102,605 in income before provisions for income taxes. To compute...

Park Co.’s 2018 income statement reported $102,605 in income before provisions for income taxes. To compute the provision for federal income taxes, the following 2018 data are provided:

Installment sales to be collected in future years                    $6,728

Income from exempt municipal bonds                                $16,379

Depreciation deducted for financial reporting purposes        $13,667

Depreciation deducted for income tax purposes          $28,361

If the alternative minimum tax provisions are ignored, what amount should Park report as taxable income?

In: Accounting

Nikita is the manager of a local small hotel. Just today Nikita received word that a...

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town next month, and the demand for hotel rooms is expected to skyrocket. In a conversation with the owner, she asked, "What should our approach to pricing be for the week of the convention? Should we require payment in full at the time of the reservation?" Which management method is Nikita using?

Multiple Choice

  • the synergy method

  • scientific management

  • the systems viewpoint

  • the devil's advocate method

  • the contingency viewpoint

In: Operations Management

Topic: Air Miles Canada: AIR MILES is Canada’s largest coalition loyalty program, with more than ten...

Topic: Air Miles Canada:

AIR MILES is Canada’s largest coalition loyalty program, with more than ten million active Collector accounts and approximately two-thirds of Canadian households participating in the program. Collectors earn reward Miles by shopping with select sponsors, which can be used to redeem free flights, hotel accommodations, car bookings, merchandise, and more. AIR MILES has over 100 sponsors, including American Express, Toys R Us, Amazon, and more.

The Problem of the case,

The existing car and hotel booking experiences are drastically hurting conversion tunnels

Issues with the AIR MILES Travel booking experiences (flight, car, and hotel) is one, if not the greatest, driver of calls to the call centre, with wait times of up to 4 hours during peak seasons for travel. As a result, AIR MILES needed a redesign of the car and hotel booking experience to address the usability issues that are impacting the conversion tunnel and maintain consistency across the platform following the recent redesign of the flight booking experience.

Questions:

How would a data warehouse assist the marketing team at AIR MILES, going forward?

What functions would it perform that would be most useful?

Would a data-mining program be useful to AIR MILES?

Would it be helpful to Sponsors and Suppliers? If so, how? If not, why not?

In: Operations Management

Spring_Valley AU_Park 1375 910 1399 935 1450 1160 1270 800 970 910 1350 1020 925 1020...

Spring_Valley   AU_Park
1375            910
1399            935
1450            1160
1270            800
970             910
1350            1020
925             1020
875             860
1000            850
1120            873
1130            1300
1200            1100
830              795
1300            1220
1220            985
925             1060
885             1040
1560             925
1380            1450
1250            1350
900             1280
900             1160
1150             975
1440             950
930              795

A) Calculate the summary statistics for both Spring Valley and AU Park. Enter the values that you calculate into the table below. Report the values to 2 decimal places.

Summary Statistics:

Column

n

Mean

Std.dev.

Median

Spring Valley

AU Park

B) What can you infer about the shape of the distribution of Spring Valley house prices by looking at the summary statistics you calculated in part c.

C) is there a difference in house prices in Spring Valley versus AU Park at α = 0.05.

(i) State the hypothesis that you want to test.

(ii) Record the value of the test statistic and its p-value.

(iii) What do you conclude for the test at α = 0.05?

D) Compute a 95% confidence interval for the difference in the mean house prices between Spring Valley and AU Park. Interpret your interval.

In: Math

Honda motor company has four vehicle manufacturing plants in various parts of the country. It is...

Honda motor company has four vehicle manufacturing plants in various parts of the country. It is considering producing its own batteries for the vehicles that it builds instead of purchasing them from outside vendors. It could build one centralized location with a cost of $1,500,000 and each battery would cost $100, including shipping. If it builds four battery manufacturing plants near the vehicle manufacturing plants, each battery plant would cost $500,000 each, but the battery cost would be $80. Show your work/Explain for parts a-d.

a. Assuming each plant would produce 5,000 batteries each (so the single centrally located plant would produce all 20,000 batteries), which option would have the lowest costs?

b. If the production of batteries increased to 8,000 batteries per plant (or 32,000 batteries for the one centrally located plant), which option has the lowest costs?

c. What is the break-even point in terms of batteries produced?

d. If currently Ford needs 20,000 batteries but plans on producing more cars in the near future (so it would need more batteries), what should be considered when deciding which plan to follow?

In: Economics

Which Economic Model best describes and analyzes this article? ‘NO EXCESSIVE BARKING’: A Chevy Chase dog...

Which Economic Model best describes and analyzes this article?

‘NO EXCESSIVE BARKING’: A Chevy Chase dog park divides the rich and powerful

A sign that reads “NO EXCESSIVE BARKING’ sits behind Chubbs, right, and Louie, left, a French bulldog who is the unofficial mayor of the dog park. (Bill O’Leary/The Washington Post) By Jessica Contrera August 28, 2019 at 7:00 a.m. EDT Everyone knows there’s a problem with Chubbs. Dirt is smeared across his face. His tongue is rolling out of his mouth. He’s surrounded by signs that say “NO EXCESSIVE BARKING.” But the 5-month-old golden retriever does not know how to read. At a dog park in one of Maryland’s wealthiest suburbs, he spends this sunny August morning rolling on his back. He opens his mouth, and then, he does it. He woofs. Twice. “CHUBBS!” four humans around him yell, trying to stop him from doing what dogs do — just not in Chevy Chase Village this summer. Here in this community of the rich and powerful, where the average household income is $460,000, barking is the subject of a ferocious (fur-ocious?) debate — one that has divided the two-legged one-percenters for nearly a year. The drama began last fall when the village spent $134,000 to turn a muddy triangle of land into a park where pups could run off-leash in a fenced refuge. Chase tennis balls. Sniff one another’s butts. But after about a month, signs decrying the barking of those dogs began appearing around the park. The village police started receiving almost daily calls about the noise, mostly from one particular neighbor whose house backs up to the park. By spring, the tension had escalated so much that the Chevy Chase Village Board of Managers called a public hearing. Then another in June. And another in July.
At the center of it all is Elissa Leonard, chair of the village board and wife to Jerome H. Powell, who is also a chair — of the Federal Reserve. In recent months, her husband has been under attack from President Trump, who appointed him but blames him for the tanking stock market. “My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” the president tweeted Friday. Leonard, meanwhile, is on the receiving end of a different siege: from village residents who say their peace and quiet has been disturbed by barking dogs. “Around dinner time, I’d like to be able to sit on my deck and maybe read a book and chat with a friend or have a glass of wine, and the dogs are barking,” Joanie Edwards, the neighbor who had been calling police, testified at the meeting in May. “As residents of Chevy Chase, how many times is it acceptable for you to be bothered in your house every day?” Tom Bourke, a real estate developer whose house sits across the street from the park, asked in June. “You’ve created a nuisance.” The park regulars, he acknowledged, were trying to hush their hounds. He heard that they were ostracizing the yappiest dogs, including, he told the board, “a certain standard poodle whose name should be withheld.” “But there are people,” chimed in Bourke’s wife, Dale, “and I don’t mean to characterize the District, but I just notice that they have District plates on their cars, and they have very little regard for us or our property . . . there are dogs barking and they’re just not doing anything.” “I hear you,” Leonard said again and again, with the patience of a dog trainer. She explained to the residents that no, they could not restrict access just to dogs from the immediate neighborhood (where the houses for sale currently range in price from $1.1 million to $22.5 million). The village purchased this 15,000-square-foot parcel of land in the 1980s, in part, using state money, so it had to remain open to the public. For years, it had been a favorite spot of local dog owners, so when the village wanted to update its parks, a dog park just made sense. Neighbors voiced their support. A unanimous vote followed. But now the park was somehow both a wild canine circus sabotaging property values and a beloved gathering space for only the politest of pooches. Leonard, whose Norwich terrier, Pippa, does not frequent the park, tried to make both sides happy. To limit barking in the early hours, the board changed the opening time from 7 to 8 a.m. To stop outsiders from driving to Chevy Chase Village and parking on the Bourkes’ street — taking the spots where the family liked their lawn maintenance service to park — the dog park was wiped from the village website. To determine the extent of the barking and the parking, the board paid $1,300 for a woman with a graduate degree in epidemiology to spend weeks studying the behavior of the dogs and their humans. During 54 visits, the researcher witnessed seven dog owners who drove to the park instead of walking. “One of these people,” she testified in June, “did allow his dog to relieve himself on the green space next to the street.” But on the barking, no conclusion was reached. What was minimal to some was enough for Edwards to call the police, exasperated that she had to turn on music inside her home so she didn’t have to hear the dogs. She doesn’t want to be the bad guy, she said in an interview. But as a retired elementary school teacher, she now spends her days at home painting. She does landscapes from her travels and portraits of people, vibrant creations so popular in her circle that friends and strangers have also commissioned her
to paint their most beloved companions: their pets. She and her husband, a lawyer, used to have dogs of their own. Her last, a black lab named Zoe, died four years ago. “People in the community keep saying, ‘She should get another dog, if she had a dog, it would be different,’ ” Edwards said. “Well, first of all, I am a very considerate person, and if I had a dog, and he was barking in my back yard, I would bring him in. If my children were in a restaurant crying, I would take them out.” The fence, she says, should come down, so the dog park is just a park. At a public hearing on Sept. 9, Leonard and the board may decide to do just that. The dog lovers are planning to crowd the hearing, have organized a letter-writing campaign and started a Facebook group, Save the Chevy Chase Dog Park, with more than 100 likes. “What are they going to do next, ban dancing?” asked Pat Murphy, the group’s moderator. Murphy, who lives in a nearby section of Chevy Chase, says he literally does “not have a dog in this fight.” He does not own a dog. He used to take his son’s miniature Australian shepherd to the park, but his son moved away this summer. Now he sometimes walks alone to the park, where every morning, the conversation returns to the handful of complaining neighbors. “They should be put in jail,” said Doug Gansler, a former Maryland attorney general and an unsuccessful gubernatorial candidate, while his King Charles spaniel, Jack, searched for a new dog to hump. “Doug!” scolded Patty Martin, mother to the park’s unofficial mayor, a French bulldog named Louie, and wife to the head of gastroenterology at Washington Hospital Center. She, too, thought the complainers were being selfish. “Where’s the democratic process?” Martin asked in an interview last week. “Why is the 1 percent deciding for the 99 percent?” “This is not verified,” she continued, “But we have heard through reliable sources that this woman has threatened a lawsuit against the village over the park. Well, many dog park users are lawyers, too, so we’re wondering, should we get a lawyer? Do we have grounds to sue?” While lawyers consulted lawyers, her husband contacted media outlets. Eventually, the story made its way to this reporter, and to her recently adopted mutt, who visited the park in hopes of sniffing out what was really going on. Despite their owners’ fretting, Chubbs, Jack, Louie and all the other dogs appear unaware that their joyful morning romp has caused such a kerfuffle. The aforementioned “standard poodle whose name should be withheld” did not make an appearance. After this reporter’s dog spent some time digging (for the truth, we presume), he was asked what he thought of the park. He woofed. Twice. The police did not arrive.

In: Economics

Q = A university is hiring new construction company and need to come with a blueprint....

Q = A university is hiring new construction company and need to come with a blueprint. They are debating on how much distance/km belonging to a forested park can be preserved. Within this region, there are 250 residents and each have an identical inverse dmnd function where P = 20 - Q. Here, Q represents the amount of distance/km preserved. P is the representing per distance cost; that an individual is willing to pay for the amount of distance (Q).

Note: Margnal cost value is $800 per distnce/km

1. To support this question, Incorporate the marginal cost curve/, marginal benefit curve and write aggregate demand and plot these into graph

2.How much km is required fro be preserve in the context of efficient allocation,

In: Economics