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Probability
Imagine that you are managing a hotel with 120 rooms. In ord occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date 09/04/13 09/11/13 09/18/13 09/25/13 10/02/13 10/09/13

Imagine that you are managing a hotel with 120 rooms. In ord occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date 09/04/13 09/11/13 09/18/13 09/25/13 10/02/13 10/09/13

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Imagine that you are managing a hotel with 120 rooms. In order to track the occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date Occupancy O 64% O 57% 82% O 61% 09/04/13 09/11/13 09/18/13 42.5% 55% 60% 09/25/13 10/02/13 10/09/13 45% 62.5% 77.5%
Transcribed Image Text:Imagine that you are managing a hotel with 120 rooms. In order to track the occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date Occupancy O 64% O 57% 82% O 61% 09/04/13 09/11/13 09/18/13 42.5% 55% 60% 09/25/13 10/02/13 10/09/13 45% 62.5% 77.5%
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