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SCENARIO 12-7
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 Scenario 12-7,the expected cell frequency for the Hong Kong/Yes cell is
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Mistake Of Value
An error made by one or both parties at the time of entering into a contract, regarding the value or worth of the subject matter of the contract.
Voidable
Refers to a contract that is valid and enforceable unless challenged and declared void by a party to the contract who is deemed to have been disadvantaged or defrauded.
Fraudulent Misrepresentation
The intentional provision of false statements or concealment of information to deceive or mislead another party.
Objective
A specific goal or aim that is intended to be achieved, often measurable and time-specific.
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