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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.
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 decision made suggests that the 3 cities all have different proportions of hotels that correctly post minibar charges.
Unused Capacity
The existing but not currently utilized production or operational capacity within a business.
External Financing
Funds a company obtains from outside sources, like bank loans or selling shares, to finance its operations.
Pro Forma Statements
Financial statements that project a company's financial performance based on hypothetical scenarios or future projections.
Percentage of Sales Approach
A financial forecasting method where various financial statement items are predicted as a percentage of sales.
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