Use the Table Below to Answer the Following Question(s)

question 24

Multiple Choice

Use the table below to answer the following question(s) .
Below is a spreadsheet for a hotel overbooking model.

Answer the following question(s) using multiple parameterized simulations.The range of the historical data is 400-430.
-If there are 425 reservations and 5 overbooked customers, what is the net revenue generated?

• A)$ 58,000
• B)$ 58,500
• C)$ 59,000
• D)$ 59,500

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Definitions:

Age Discrimination

The unequal treatment of individuals due to their age, particularly in employment settings.

Mean

A statistical measure representing the average value of a set of numbers.

Distribution

The process by which goods or services are spread or made available to consumers or through which phenomenon are spread across a population or area.

Misleading

Information or statements that lead to incorrect impressions, interpretations, or understanding, often intentionally.