TABLE 12-7 Data on the Percentage of 200 Hotels in Each of Each

question 117

True/False

TABLE 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 Table 12-7, there is sufficient evidence to conclude that the proportions between Hong Kong and Paris are different at a 0.05 level of significance.

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Definitions:

Political Structures

The organizational framework of a government, detailing how power is distributed (e.g., federal vs. unitary structure) and the branches of government (e.g., executive, legislative, judiciary).

International Expansion

The process by which a business extends its operations and market reach beyond its home country to enter and establish itself in foreign markets.

Market Segmentation

The process of dividing a target market into smaller, more defined categories based on characteristics such as demographics, interests, needs, or location.

Consumer Base

The group of individuals or organizations that are the actual or potential buyers of a product or service.