I need help on all the parts on this question The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan.1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7 , 2003. Be sure to scroll down to see the bottom of the ratetable.20031/18/331/31/61/72/99/102/1221/12Room Rates- 7/3- 30/3- 31/5-30/6-1/9-8/10-1/12-20/12- 31/12AOceanfront75125851001509585751251 double bedOceanfrontB851359511016010595851352 double bedsOceanfront Effic,1051551151301801251151051552 double bedsD2 room suite1201401201753 double bedsEOceanfront Suite1402001501752251651501402003 double bedsExtra Person5855105510IMPORTANT: Please omit the dollar signs in all answers. Note: Suites have 3 beds.a. For the 9 time periods, what was the mean extra person rate?b. (i) This hotel has 20 type A rooms, 15 type B, 30 type C, 25 type D and the remainder are type E. If the hotel was fully booked (with no extra people in any room) on Friday, Sept. 12th, 2003 then what was the mean revenue per room roundedto the nearest dollar? HINT: Use whole numbers.(ii) What was the standard deviation of the room rates on Sept. 12 for this sample of the guest population?(Use 2 decimal places rounded )c. (i) On Sunday, September 20, 2003 during the Eastern Conference Quarterfinals of the Stanley Cup Playoff (Ottawa beat the Islanders 3-0) the only rooms ocupied were 20 Type A, 15 Type B, and 7 Type E. What was the average revenue"per bed" on September 20?(Round to the nearest dollar. )(ii)What was the standard deviation of the the price per bed on September 20?(Note: use 2 decimal place rounded here.)

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Description: I need help on all the parts on this question The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan.1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7 , 2003. Be sure to scroll d

a). From the given information, the required mean extra person rate for the 9 time periods is…

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The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan.1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7, 2003. Be sure to scroll down to see the bottom of the rate table. 2003 Room Rates A Oceanfront 1 double bed B Oceanfront 2 double beds C Oceanfrent Effic. 2 double beds D2 room suite 3 double beds 1/1 -7/3 21/12 -31/12 8/3 31/3 1/6 1/7 2/9 9/10 2/12 - 30/3 -31/5 -30/6 -1/9 -8/10 -1/12 -20/12 75 125 85 100 150 95 85 75 125 85 135 95 110 160 105 95 85 135 105 155 115 130 180 125 115 105 155 120 175 130 150 200 140 130 120 175 Oceanfront Suite 3 double beds O E 140 200 150 175 225 165 150 140 200 Extra Person 10 10

The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan.1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7, 2003. Be sure to scroll down to see the bottom of the rate table. 2003 Room Rates A Oceanfront 1 double bed B Oceanfront 2 double beds C Oceanfrent Effic. 2 double beds D2 room suite 3 double beds 1/1 -7/3 21/12 -31/12 8/3 31/3 1/6 1/7 2/9 9/10 2/12 - 30/3 -31/5 -30/6 -1/9 -8/10 -1/12 -20/12 75 125 85 100 150 95 85 75 125 85 135 95 110 160 105 95 85 135 105 155 115 130 180 125 115 105 155 120 175 130 150 200 140 130 120 175 Oceanfront Suite 3 double beds O E 140 200 150 175 225 165 150 140 200 Extra Person 10 10

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Concept explainers

Inverse Normal Distribution

The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.

Mean, Median, Mode

It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.

Z-Scores

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I need help on all the parts on this question

The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan.1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7 , 2003. Be sure to scroll down to see the bottom of the rate
table.
2003
1/1
8/3
31/3
1/6
1/7
2/9
9/10
2/12
21/12
Room Rates
- 7/3
- 30/3
- 31/5
-30/6
-1/9
-8/10
-1/12
-20/12
- 31/12
A
Oceanfront
75
125
85
100
150
95
85
75
125
1 double bed
Oceanfront
B
85
135
95
110
160
105
95
85
135
2 double beds
Oceanfront Effic,
105
155
115
130
180
125
115
105
155
2 double beds
D
2 room suite
120
140
120
175
3 double beds
E
Oceanfront Suite
140
200
150
175
225
165
150
140
200
3 double beds
Extra Person
5
8
5
5
10
5
5
10
IMPORTANT: Please omit the dollar signs in all answers. Note: Suites have 3 beds.
a. For the 9 time periods, what was the mean extra person rate?
b. (i) This hotel has 20 type A rooms, 15 type B, 30 type C, 25 type D and the remainder are type E. If the hotel was fully booked (with no extra people in any room) on Friday, Sept. 12th, 2003 then what was the mean revenue per room rounded
to the nearest dollar? HINT: Use whole numbers.
(ii) What was the standard deviation of the room rates on Sept. 12 for this sample of the guest population?
(Use 2 decimal places rounded )
c. (i) On Sunday, September 20, 2003 during the Eastern Conference Quarterfinals of the Stanley Cup Playoff (Ottawa beat the Islanders 3-0) the only rooms ocupied were 20 Type A, 15 Type B, and 7 Type E. What was the average revenue
"per bed" on September 20?
(Round to the nearest dollar. )
(ii)What was the standard deviation of the the price per bed on September 20?
(Note: use 2 decimal place rounded here.)

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