1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dimas [21]
3 years ago
9

Travelers who have no intention of showing up often fail to cancel their hotel reservations in a timely manner. These travelers

are known, in the parlance of the hospitality trade, as "no-shows". To protect against no-shows and late cancellations, hotels invariably overbook rooms. A recent study examined the problems of over-booking rooms in the hotel industry. The following data, extracted from the study represent the daily numbers of late cancellations and no-shows for a random sample of 10 days at a hotel:______.
18, 16, 16, 16, 14, 18, 16, 18, 14, 19.
Compute x the sample mean for the data set.
Business
1 answer:
Svetlanka [38]3 years ago
6 0

Answer:

No-shows in Hotel Reservations

Sample mean

= Sum of the samples divided by the number

= (18 + 16 + 16 + 16 + 14 + 18 + 16 + 18 + 14 + 19)/10 = 16.5

Explanation:

In mathematics and statistics, the arithmetic mean, or simply the mean or average is the sum of a collection of numbers divided by the count of numbers in the collection.

A sample mean therefore is the average of the sum of a collection of samples divided by the count of numbers in the collection.  Simply, the sample mean is the average of all the measurements in the sample.

You might be interested in
What are high-risk loans?
WITCHER [35]
"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."

I hope this helps ^-^
4 0
3 years ago
Read 2 more answers
Beto Company pays $4.70 per unit to buy a part for one of the products it manufactures. With excess capacity, the company is con
Anastasy [175]

Here, we are decide the best option between making the part or buying the part.

a.                  Make or Buy Analysis

Particulars                              Make amount    Buy amount

Direct Materials                            $4.50

Direct Labor                                $1.00  

Overhead (80% of Direct Labor)    $0.80  

Cost to buy                            <u>              </u>            <u>$4.70</u>

Cost per unit                              <u>$5.70    </u>          <u>$4.70</u>

Cost Difference = $5.70 - $4.70

Cost Difference = $1.00

Therefore, the cost difference of making amount over buying amount is $1.00.

b. Because of the difference, Beto should buy the part because its cost is lesser than to make the part.

Therefore, the buying of the part is the best decision.

See similar solution about Analysis

<em>brainly.com/question/23287319</em>

3 0
2 years ago
One of the best ways to overcome fear is to know what happens in a typical interview
docker41 [41]

Answer:true

Explanation:

8 0
3 years ago
On January 1, Concord Corporation had 113000 shares of $10 par value common stock outstanding. On March 17 the company declared
Alik [6]

Answer and Explanation:

The Journal entry is shown below:-

March 17

Stock Dividend Dr, $84,750 (113,000 × 5% × $15)

     To Common Stock Dividend Distributable $56,500 (113000 × 5% × $10)

     To Paid in capital in excess of Par - Common Stock $28,250

(Being stock dividend is recorded)

Here we debited the stock dividend and we credited the Common Stock Dividend Distributable and Paid in capital in excess of Par - Common Stock

6 0
3 years ago
The marketing manager for Gillette razors is attempting to determine a sales estimate for the line of products that provide men
dusya [7]

Answer:

The correct answer is letter "A": company sales potential; market potential.

Explanation:

Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.  

The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.

6 0
3 years ago
Other questions:
  • Michael Pollan discusses ""industrial organic"" agricultural systems in The Omnivore’s Dilemma. What is / are characteristic(s)
    6·1 answer
  • 1. Do you believe E-sports will continue to grow in the future? Why or why not?
    5·2 answers
  • A product line can include similar products?
    15·1 answer
  • Karolina owns a small diner, where she works full-time in the kitchen. Her total revenue last year was $100,000, and her rent wa
    5·1 answer
  • You are a shareholder in a C corporation. The corporation earns $ 1.86$1.86 per share before taxes. Once it has paid taxes it wi
    9·1 answer
  • The balance in retained earnings at December 31, 2017 was $1,440,000 and at December 31, 2018 was $1,164,000. Net income for 201
    15·1 answer
  • According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as _______
    11·1 answer
  • At an activity level of 3,000 units, North Corporation's total variable cost is $15,000 and its total fixed cost is $20,000. For
    5·1 answer
  • Read the argument below and determine the underlying principle that was used to come to the conclusion presented: A free college
    9·1 answer
  • For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that ther
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!