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
Goodell Corporation just paid its annual dividend of $1.75, today. Dividends for the Goodell Corporation are expected to increas
AlekseyPX

Answer:

current price of Goodell Corporation stock is $48.26

Explanation:

given data

annual dividend = $1.75

expected to increase 1 year = 27.5 percent

expected to increase 2 year = 13.8 percent

expected to increase per year = 5 percent

required rate of return = 10 percent

solution

we get here first dividend that is

D1 = 1.75 × (1.275) = 2.23    ...............1

D2 = 2.23 × (1.138) = 2.54    ...............2

D3 = 2.54 × (1.05) = 2.67      ...............3

and

year 2 price will be

P2 = D3 ÷ (R – g)    ...............4

P2 = 2.67 ÷ (0.10 - 0.05)

P2 = 53.4     ...............5

so current price will be

P = 2.23 ÷ (1.10) + 2.54 ÷ (1.10)2 + 53.40 ÷ (1.10)2

P = $48.26

4 0
3 years ago
g An investment bank agrees to underwrite an issue of 5 million shares of stock for Longard Corp. (1). If the investment bank un
Genrish500 [490]

Answer:

Longard Corp.

The money that Longard Corp. receives is:

= $75 million.

Explanation:

a) Data and Calculations:

Number of shares issued = 5 million

Investment bank underwriter pays per share to Longard Corp = $15

Stock price to the public = $20 per share

Total amount received from the underwriter = $75 million ($15 * 5 million)

b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer.  It then charges $5 per share (representing a total underwriting fee of $25 million).  This is why it remits only $75 million to Longard Corp.

6 0
3 years ago
The main expense of a merchandiser is usually ________.
olya-2409 [2.1K]

The answer that will fill in the blank is cost of goods sold because the merchandiser’s main expense is the cost that they receive in goods that they have sold to the consumers. The merchandiser is the one responsible of ensuring products are placed and are properly organized in the store.

7 0
3 years ago
Chris purchased a 10 year 100 par value bond where 6% coupons are paid semiannually. Cheryl purchased a 100 par value bond where
WITCHER [35]

Answer:

Chris paid $109.68 for his bond. Since he paid a premium for the bond, the YTM is lower than the coupon rate.

Explanation:

yield of Cheryl's bond is 6% since she purchased it at par and the bond's coupon is 6%

if Chris's bond yields 80% of Cheryl's, it will yield 6% x 0.8 = 4.8%

we can use the approximate yield to maturity formula to find the market price of Chris's bond:

2.4%(semiannual) = {3 + [(100 - MV)/20]} / [(100 + MV)/2]

0.024 x [(100 + MV)/2] = 3 + [(100 - MV)/20]

0.024 x (50 + 0.5MV) = 3 + 5 - 0.05MV

1.2 + 0.012MV = 8 - 0.05MV

0.062MV = 6.8

MV = 6.8 / 0.062 = 109.68

8 0
3 years ago
A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,
ella [17]

Answer:

Supply Chain Management

4 0
3 years ago
Read 2 more answers
Other questions:
  • In which of the following ways can a person earn an income? A. Investment B. Salary C. Savings D. Wage
    15·2 answers
  • A city government imposes a proportional income tax on all people who earn income within its city limits. In​ 2004, the​ city's
    14·1 answer
  • The proper discount rate when using the dividend discount valuation model is the:
    14·1 answer
  • Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn
    15·1 answer
  • A senator renounces his past support for protectionism: "The U.S. trade deficit must be reduced, but import quotas only annoy ou
    6·1 answer
  • On March 1, 2020, Mike Dials purchased a suit at Crane's Fine Apparel Store. The suit cost $950 and Mike used his Crane credit c
    13·1 answer
  • True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B con
    9·1 answer
  • Blart Corp. recently paid a dividend of $5.00 per share. Analysts forecast future dividends will increase by 2% forever. The req
    6·1 answer
  • 2. What are mortgage brokers?
    13·1 answer
  • 6. What are complements? evonomics
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!