subject
Business, 05.06.2020 20:00 GrainLeaf

Bid One: The Maid of the Mist union-employees of the company that operates the boats that take tourists on the Niagara River to view and experience the falls-proposes to do the interviews with tourists who are waiting for the Maid boats to return and load up. Union employees will conduct interviews with 1,000 adult American tourists (1 per family group) during a one-week period in July at $3 per completed interview. Bid Two: The Simpson Research Company, a local marketing research company, proposes to take a sample of the five largest association member hotels and conduct 200 interviews in the lobbies of these hotels with American tourists (1 per family) during the months of July and August at a cost of $5 per completed interview. Bid Three: The SUNY-Niagara Marketing Department, an academic unit in the local university, proposes to randomly select 20 hotels from all hotels in the area (not just those belonging to the Tourism Association) and to then select a proportional random sample of rooms, using room numbers, from each selected hotel based on hotel room capacities. It will interview 750 American tourists (1 per family) in their rooms during the period of June 15-September 15 at a cost of $10 per completed interview. 1. What is the sample frame in each bid?2. Identify the type of sample method and assess the representativeness of the sample with respect to American tourists visiting the Niagara Falls area.3. Evaluate the accuracy (sample error) with each bid.4. The Niagara Falls Tourism Association has budgeted $5,000 for data collection in this survey. Using information from your answers to questions 1 to 3 and further considering the total cost of data collection, which one of the proposals do you recommend that the Niagara Falls Tourist Association accept? Justify your recommendation

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:40
Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.
Answers: 3
question
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
question
Business, 22.06.2019 21:30
Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?
Answers: 2
question
Business, 22.06.2019 22:50
Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.
Answers: 1
You know the right answer?
Bid One: The Maid of the Mist union-employees of the company that operates the boats that take touri...
Questions
question
Mathematics, 10.11.2019 11:31
question
Biology, 10.11.2019 11:31
question
English, 10.11.2019 11:31
question
English, 10.11.2019 11:31
Questions on the website: 13722367