Business, 14.07.2020 01:01 bangbrokevo5685

Travelers who have no intention of showing up often fail to cancel their hotel reservations in a timely manner. These travelers are known, in the parlance of the hospitality trade, as "no-shows". To protect against no-shows and late cancellations, hotels invariably overbook rooms. A recent study examined the problems of over-booking rooms in the hotel industry. The following data, extracted from the study represent the daily numbers of late cancellations and no-shows for a random sample of 10 days at a hotel:. 18, 16, 16, 16, 14, 18, 16, 18, 14, 19.
Compute x the sample mean for the data set.

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