Examlex

Solved

TABLE 11-8
a Hotel Chain Has Identically Sized Resorts in 5

question 122

Short Answer

TABLE 11-8
A hotel chain has identically sized resorts in 5 locations. The data that follow resulted from analyzing the hotel occupancies on randomly selected days in the 5 locations.
 ROW Caymen Pennkamp California Mayaquez Maui 128402137222333521471934133274525\begin{array}{cccccc}\underline{\text { ROW}}&\underline{\text { Caymen}}&\underline{\text { Pennkamp }}&\underline{\text {California }}&\underline{\text {Mayaquez}}&\underline{\text { Maui }}\\ 1 & 28 & 40 & 21 & 37 & 22 \\2 & 33 & 35 & 21 & 47 & 19 \\3 & 41 & 33 & 27 & 45 & 25\end{array}

Analysis of Variance
 Source df SS  MS Fp Location 4963.611.470.001\begin{array} { l r c c c c } \text { Source } & \mathrm { d } f & \text { SS } & \text { MS } & F & p \\ \text { Location } & 4 & 963.6 & & 11.470 .001 \end{array}
Error 10210.0\quad 10 \quad 210.0
Total
-Referring to Table 11-8, the total variation or SST is ______.


Definitions:

Regressive

Refers to systems, especially tax systems, where the rate decreases as the amount subject to taxation increases, placing more of a burden on low-income earners.

OECD

The Organisation for Economic Co-operation and Development, an international organization that works to build better policies for better lives, promoting policies to improve the economic and social well-being of people around the world.

Progressive Tax System

A tax structure where the tax rate increases as the taxable amount or income increases, placing a larger financial burden on higher-income earners.

Tax System

The structured collection of laws and regulations that govern how taxes are collected, managed, and utilized by a government.

Related Questions