Q. A customer is searching for deals on hotels on the internet. They know from research that hotel rooms in New York City average $200 per night with standard deviation of $36.
Chicago hotel rooms average $175 per night with a standard deviation of $29.
They find two "deals";
A 5-star hotel room in NYC for $170.
A 5-star hotel room in Chicago for $150.
(A) Assuming they will gladly visit either city assuming they get the "best deal", which of the two deals should the customer take?
Chicago hotel rooms average $175 per night with a standard deviation of $29.
They find two "deals";
A 5-star hotel room in NYC for $170.
A 5-star hotel room in Chicago for $150.
(A) Assuming they will gladly visit either city assuming they get the "best deal", which of the two deals should the customer take?
A. calculate standard scores:
NYC = -0.8333
Chi = -0.8621
Chi is the better deal
NYC = -0.8333
Chi = -0.8621
Chi is the better deal
What part of Chicago would be the best to stay in for a trip?
Q. I am planning a little trip and booking on Hotwire. Which place in Chicago is the most fun?
This is what hotwire is giving me
-Magnificent Mile Area-Streeterville Hotel
-North Michigan Avenue- Water Tower- Gold Coast Hotel
-Chicago Loop Hotel
-Museum Campus - McCormick Place - Soldier Field Hotel
Which one would be the best part? I've never been and I REALLY need to be good!!
This is what hotwire is giving me
-Magnificent Mile Area-Streeterville Hotel
-North Michigan Avenue- Water Tower- Gold Coast Hotel
-Chicago Loop Hotel
-Museum Campus - McCormick Place - Soldier Field Hotel
Which one would be the best part? I've never been and I REALLY need to be good!!
A. The first two would be nicest.
Can you recommend a nice romantic restaurant on Chicago's Magnificent Mile?
Q. We're celebrating our first year wedding anniversary with a weekend in Chicago. Our hotel is the Doubletree on E. Ohio Street. Do you know of a romantic place within walking distance?
A. Try the Signature Room (reservations required, I believe) for a picturesque view of the city. Otherwise, my second choice is Morton's. then go for the horse-drawn carriage ride. Good luck.
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