TABLE 12-20
Data on the Percentage of 200 Hotels in Each

question 4

Short Answer

TABLE 12-20
Data on the percentage of 200 hotels in each of the three large cities across the world on whether minibar charges are correctly posted at checkout are given below.

$\begin{array}{cccc} \hline& \text { Hong Kong } & \text { New York } & \text { Paris } \\\hline\text { Yes } & 86 \% & 76 \% & 78 \% \\\text { No } & 14 \% & 24 \% & 22 \%\\\hline\end{array}$
At the 0.05 level of significance, you want to know if there is evidence of a difference in the proportion of hotels that correctly post minibar charges among the three cities.
-Referring to Table 12-20, the expected cell frequency for the Hong Kong/Yes cell is______

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Definitions:

Additional Investment

Additional funds put into a business or project by its owners or investors to support operations, growth, or capital needs.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of the shareholders.

Drawings

Withdrawals of cash or other assets from a business by the owner for personal use, affecting the equity of the business.

Total Revenues

The overall financial income stemming from the commercial sale of goods or services integral to a business's main operations.