Special Hotel Accounts for a Company That Has Established Credit

question 32

Multiple Choice

Special hotel accounts for a company that has established credit with a hotel are called

• A) block rates
• B) city rates
• C) city folios
• D) city ledger

---

Definitions:

Parameter

In statistical analysis, a parameter is a quantity that characterizes a certain aspect of a population or a model.

Statistic

A number that describes a characteristic of a sample, derived from the data that the sample contains.

Range

The difference between the highest and lowest values in a dataset.

Variances

Measures of the dispersion or spread of a set of data points around their mean value.