Instruction 11-4
a Hotel Chain Has Identically Sized Resorts in Five

question 27

Short Answer

Instruction 11-4
A hotel chain has identically sized resorts in five locations. The following data resulted from analysing the hotel guests on randomly selected days in the five locations.
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { ROW } & \text { Caymen } & \text { Pennkapmp } & \text { California } & \text { Mayaguez } & \text { Maui } \\\hline 1 & 28 & 40 & 21 & 37 & 22 \\\hline 2 & 33 & 35 & 21 & 47 & 19 \\\hline 3 & 41 & 33 & 27 & 45 & 25 \\\hline\end{array}$$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Analysis of Variance }$
$\begin{array} { | l | l | l | l | l | l | } \hline{ \text { Analysis of Variancs } } \\\hline \text { Source } &\text { d f }& \text {SS} & \text { MS } & \text { F }& \text { p }\\\hline \text { Location } & 4 & \mathbf { 9 6 3 . 6 } & & 11.47 & 0.001 \\\hline \text { Error } & 10 & \mathbf { 2 1 0 . 0 } & & & \\\hline \text { Total } & & & & & \\\hline\end{array}$
-Referring to Instruction 11-4,the numerator and denominator degrees of freedom of the test ratio are ________and ________,respectively.

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Definitions:

Luxury Good

A product that is not necessary for basic survival but is deemed as highly-desirable within a culture or society, often associated with wealth or quality.

Income Elasticity

A measure of how the demand for a good or service changes in response to changes in consumer income.

Homothetic Preferences

A situation in consumer theory where a consumer's preference structure can be represented by a utility function that is proportionally scalable.

Engel Curve

A graphical representation that shows the relationship between income and the demand for a good or service, keeping all other factors constant.