Respond to classmate post on Topic below:
A suburban hotel derives its gross income from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Please use the hotel sample data of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied. The hotel data is located in the Course Resources section of Blackboard. Use a statistical software package to determine whether the breakfast revenue seems to increase as the number of occupied rooms increases. Draw a scatter diagram to support your conclusion. Please see this video for more details.
Discuss possible business implications of the results. What advertising strategies might you suggest based on the data?
Biblical Application:
Businesses, scientists, and the medical community are always using correlation analysis to aid in the decision- making process. Finding relationships is an important process. For instance, fast food chains would use regression to determine the labor hours needed based on a projected sales volume, while scientists and those in the medical field would use this tool to help identify patterns of cause and effect. Research and discuss a biblical passage regarding the correlation of various factors and our relationship with God (i.e. mustard seed).
Classmate Post:
Discuss possible business implications of the results. What advertising strategies might you suggest based on the data?
The results of the data show that there is a positive correlation between the number of rooms occupied and income from the restaurant. The coefficient is 0.43 which means that is it a moderate correlation. The scatter chart below shows that the correlation is positive. A good advertising strategy would be to allow the restaurant to provide room service to its guests instead of requiring a guest to go into the actual restaurant. Room service allows guests to save time, be able to be comfortable in their hotel room, and can be beneficial for romantic reasons (Shawky et al., 2015). This would be an added amenity that the hotel provides.
Biblical Application:
Dont you know that a little yeast leavens the whole batch of dough? Get rid of the old yeast, so that you may be a new unleavened batchas you really are (1 Corinthians 5:6-7). In these passages, yeast is sin, and the batch of dough are us because even a little bit of sin corrupts our Godly nature (Guzik, 2018). The independent variable would be the yeast and we would be the dependent variable. If we get rid of the sin, then we will not have ungodly ways or corruption in our life.
References
Guzik, D. (2018). 1 Corinthians Chapter 5. Enduring Word. https://enduringword.com/bible-commentary/1-corinthians-5/.
Shawky, R., Aziz, W., & Aleem, M. (2015). Evaluating the Attendants’ Performance of Guest Room Service Department: Applied to Four-Star Hotels in Cairo.
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