1. 2. 3. 4. 5. A hotel management company runs 10 hotels in a resort area. The h

ID: 3221796 • Letter: 1

Question

A hotel management company runs 10 hotels in a resort area. The hotels have a mix of pricing some hotels have budget-priced rooms, some have moderate-priced rooms, and some have deluxe-priced rooms. Data are collected that indicate the number of rooms that are occupied at each hotel on each day of a month. Explain how the 10 hotels can be recoded into these three price categories. Choose the correct answer below. O A. Create ten new numerical variables, one for each hotel. This new numerical variable will contain the count of budget-priced room s for the desired hotel. Create another ten numerical variables, one for each hotel. This new numerical variable will contain the count of moderate-priced rooms for the desired hotel. Create another ten numerical variables, one for each hotel. This new numerical variable will contain the count of deluxe-priced rooms for the desired hotel. O B. Create three new numerical variables, budget-priced rooms occupied, moderate-priced rooms occupied, and deluxe-priced rooms occupied. Divide the original rooms occupied count evenly between the three new variables O C. Create three new categorical variables, one for each type of priced room. Determine which hotels include budget-priced rooms and reassign all data for those hotels to a new categorical variable, budget-priced hotels. Determine which hotels include moderate-priced rooms and reassign all data for those hotels to a new categorical variable, moderate-priced hotels. Determine which hotels include deluxe-priced rooms and reassign al data for those hotels to a new categorical variable, deluxe-priced hotels e ten new categorical variables, one for each hotel. For each hotel arrange the original numerical variable and the new categorical variable into an O D. unstacked format. Use the new categorical variable to indicate if the number of room s occupied on that day were budget-priced, moderate-priced, or deluxe-priced

Explanation / Answer

Hence the answer would be C. , D., and E.

Hence the answer is : A., C. and E.

b. Differences are :

Region

Output

Percentage

Iran

6.35

7.82

Saudi Arabia

6.87

8.46

Other OPEC countries

20.86

25.7

Non - OPEC Countires

47.08

58.01

Hence the answer would be B. and E.