When Making Hotel Reservations, the Administrative Professional Should

question 6

Multiple Choice

When making hotel reservations, the administrative professional should

• A) check booking fees and cancellation restrictions.
• B) inform the clerk if the executive will be arriving late.
• C) always choose the lowest room rate.
• D) Both a and b

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Definitions:

COV(X,Y)

A measure of the degree to which two variables X and Y move together, indicating the strength and direction of their linear relationship.

Marginal Probability

The probability of an occurrence of a single event without consideration of any other events.

Coefficient of Correlation

A quantitative gauge assessing the force and trajectory of a linear linkage between a pair of elements.

Covariance

A measure that indicates the degree to which two variables change together, showing if increases in one variable tend to be associated with increases or decreases in the other.