HW 10 Solutions Question 1. Uno Pizzeria, a leading national fast-casual restaurant chain, recently completed a comprehensive study in association with the Hotel School to determine, based on a variety of factors, how much total sales a server will b

Question Sheet HA121 Preliminary Exam
Fall 2007
Name: _
CUID: _
TRUE / FALSE QUESTIONS Directions: Answer True or False to Questions 1 through 15 on the attached answer sheet. 1. Accounting is a system that collects and processes financial information abo

David A. Dittman, Financial Accounting Fall 2007 Name: _
Question Sheet HA 121 Preliminary Exam 2 CUID: _
TRUE / FALSE QUESTIONS Directions: Answer True of False to Question 1 through 15 on the attached answer sheet. Each Question is worth 1 point each. 1

Address
315 The Pkwy
311 Blackstone Ave
19 Muriel St
404 Salem Dr
113 Winston Dr
126 Simsbury Dr
624 Highland Rd
113 Roat St
102 Northway Rd
142 Lexington Dr
110 Pinewood Pl
26 Highgate Cir
2211 N Triphammer Rd
324 Siena Dr
105 Texas Ln
123 Simsbury Dr
30

1. On the weekends, your restaurant sells an average of 45.7 botles of wine, with a standard deviaton of 9.4 botles. A
a. Exactly 46 botles?
=CDF(46.5)-CDF(45.5) = Norm.Dist(46.5,45.7,9.4,true)-Norm.Dist(45
b. Between and including 40 to 48 botles?
=CDF(4

Multiple Regression Tool v2016 [1/4/16]
developed by Gary M. Thompson, Ph.D.
for non-commercial use only, by students and course attendees of the
1) Specify the values in the yellow cells (see comm
School of Hotel Administration, Cornell University
2) Put

Example 1. Your airline has received a number of complaints about the faux chicken (also known as mock chicken,
pseudo chicken, or just plain not chicken) meal choice. When asked to rate their satsfacton on a 0-100 scale,
customers give a mean satsfacton

1.15
1.1
1.05
1
0.95
0.9
0.85
1
2
3
Historical data for 2 Hospitality Stocks and the S&P 500 Index
(Prices adjusted for dividends and stock splits)
[Note that the most recent observations are listed first]
Monthly Jan 2009 - Dec 2013 = 60 months
Date
12/2

1. If the maintenance department in your hotel typically receives 5 requests per day, what is the
probability that:
a) A day will have no requests?
b) A day will have more than 10 requests?
c) A week will have at least 2 and fewer than 8 requests?
Answer.

To keep his sanity, John tries to get away from Ithaca as ofen as possible. His favorite getaway is New York City. H
routes, and recorded the travel tme (in minutes) under various road conditons (as shown in the table below). Un
before knowing the road co

Example 1. Your airline has received a number of complaints about the faux chicken (also known as mock chicken,
pseudo chicken, or just plain not chicken) meal choice. When asked to rate their satsfacton on a 0-100 scale,
customers give a mean satsfacton

To keep his sanity, John tries to get away from Ithaca as often as possible. His favorite getaway is New York City. He has
evaluated three different travel routes, and recorded the travel time (in minutes) under various road conditions (as shown in the
ta

Historical data for 2 Hospitality Stocks and the S&P 500 Index
(Prices adjusted for dividends and stock splits)
Monthly Jan 2009 - Dec 2013 = 60 months
Date
12/2/2013
11/1/2013
10/1/2013
9/3/2013
8/1/2013
7/1/2013
6/3/2013
5/1/2013
4/1/2013
3/1/2013
2/1/2

Example: Buying Hurricane Insurance. An $80,000,000 Caribbean property has a two percent chance of being hit by a hurric
also a one percent chance of being completely destroyed. Management is considering insuring the property. Policy A has a $5
of $1,250,

HADM 2010.1&2 S16Hospitality Quantitative Analysis
Prelim Information and Preparation Suggestions
Tests are done on your own computer. You will be using Excel, much like you
do in the daily exercises. All tests are open-book and open notes (electronic or

Example 1. You are considering using a different brand (Brand A) of sheets in your hotel chain. The mean life of the
current sheets is 300 washings. Regardless of brand, sheet life has a standard deviation of 30 washings. You have
tried a sample of 40 she

To keep his sanity, John tries to get away from Ithaca as ofen as possible. His favorite getaway is New York City. He has
evaluated three different travel routes, and recorded the travel time (in minutes) under various road conditions (as
shown in the tab

Custom Distribution Example
Valu
e
A+
A
AB+
B
BC+
C
Cn/a
n/a
n/a
n/a
n/a
Pro
b
0.0
3
0.1
1
0.2
5
0.1
2
0.3
6
0.0
4
0.0
6
0.0
3
0
Simulation Example
Simulate the arrival of 100 parties to a restaurant, where the characteristics of the parties are as follow

In an Excel spreadsheet, create a model to simulate 200 passengers on your cruise ship, based on the following
a. An ideal dinner start time that is uniformly distributed between 5pm and 9pm.
b. The number of days out that the booking was made is exponent

Multiple Regression Tool v2016c [5/04/16]
developed by Gary M. Thompson, Ph.D.
for non-commercial use only, by students and course attendees of the
1) Specify the values in the yellow cells (see comm
School of Hotel Administration, Cornell University
2) P

Multiple Regression Tool v2016 [1/4/16]
developed by Gary M. Thompson, Ph.D.
for non-commercial use only, by students and course attendees of the
1) Specify the values in the yellow cells (see comm
School of Hotel Administration, Cornell University
2) Put