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Aleonysh [2.5K]
3 years ago
6

Holiday Inn would like to estimate the satisfaction level of its customers. A sample of 25 hotels were selected and the customer

s at these locations were asked to rate their experience on a scale of 1-10. Based on this sample data, Holiday Inn will draw a conclusion about the satisfaction level of their customers. This is an example of using ________.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
8 0

Answer:

<em>Inferential statistics</em>

Explanation:

Inferential statistics are among the two central statistics groups.

To define and draw conclusions about the population, inferential statistics <em>use a representative sample  of data gathered from a population. </em>

Inferential statistics are useful when it is not feasible or practical  to analyze each participant of a whole population.

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Answer:

9.1%

Explanation:

With regards to the above, margin is computed as;

Margin = (Net operating income ÷ Sales) × 100

Given that:

Net operating income = $2,597,140

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Margin = ($2,597,140 ÷ $28,540,000) × 100

Margin = 9.1%

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2 years ago
What is the reason for putting yourself on a budget?
choli [55]

Answer:

C

Explanation:

Helps you gain control of your finances and helps you achieve goals

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1 year ago
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Answer: See explanation

Explanation:

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8 0
2 years ago
In a small​ town, a steel mill produces air pollution. if the government does not​ intervene, the equilibrium price of steel wil
JulijaS [17]

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The Steel Mill is also selling quantity that is greater than what would be considered socially optimal because the socially optimal level would account for the pollution and adjust in such a way that the Pollution is minimized

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2 years ago
information systems transform raw data into information that can be used to make decisions. What is another important factor to
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