Answer:
Without price increase, Cost/night = $119
Average occupancy = 372 The revenue will be 119*372 = $44,268
For every $15 price increase, the occupancy decreases by 25. Therefore with x price increases, The revenue will be $(119 + 15x)*(372 25x)
Cost/night = $119 + 15x Occupancy = 372 - 25x
Answer:
The nightly cost with x $15 price increases is $119 + 15x.
Y = 7.25x
Where x = hours.
You can get this by dividing the amount by the amount of hours in each pair.
Our data looks like:
3,3,4,4,5,5,5,6,7,8
The median, true to its name is the middle number of the set of data.
The median in this case in in between 5 and 5. Average it out (5+5)/2 = 5.
Your answer should be 5. Hope this helps!
There are 3 sides. If you draw out a triangle, each line is a separate side (a line segment connecting 2 vertices, or points). You can also see in the word "triangle" the prefix "tri-", meaning "three". It refers to the shape having 3 angles, but when there are 3 angles there are 3 sides to make it up. This is true for other shapes too - in a square, there are 4 sides connecting 4 points, and between each side is an angle, creating 4 angles.
Answer:
Check once on regression to the mean
Check once on the availability hubristic
Check twice on sink cost effect
Check twice on the present aim standard of rationality.
Step-by-step explanation:
Since herb is driven by emotion and happenstance and not by actual overall statistics this seems like the way to answer the question.
