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

question 176

True/False

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.
$$\begin{array} { c c c c } \hline& \text { Hong Kong } & \text { New York } & \text { Paris } \\\hline\text { Yes } & 86 \% & 76 \% & 78 \% \\\text { No } & 14 \% & 24 \% & 22 \% \\\hline\end{array}$$ 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 null hypothesis will be rejected.

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Definitions:

Dividend Revenue

Income received from investments in the form of dividends, representing a share of a company's profits distributed to its shareholders.

Voting Power

The rights of shareholders to vote on corporate matters, which can influence company management, strategic direction, and corporate policies.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.

Inventories

The complete list of items such as property, goods in stock, or the contents of a building, often held for sale in the regular course of a business.