Question: The table below shows how much Americans reported spending on a 4-night domestic vacation, broken down based on 4 vacation budget categories. Vacation budget category

The table below shows how much Americans reported spending on a 4-night domestic vacation, broken down based on 4 vacation budget categories.

Vacation budget category Mean SD
Transportation (boat, train, plane, car rental, gas, tolls) $224 $40
Lodging (camp sites, hotels) $150 $34
Food (pack your own, restaurants) $155 $43
Entertainment (attractions, museums, concerts) $52

$16

Which of the following would be most unusual to observe for a 4-night domestic vacation? Choose the correct answer below.

Lodging cost of $250.

Entertainment cost of $10.

Food cost of $300.

Transportation cost of $200.

Entertainment cost of $75.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

6 | Consumer Choices Figure 6.1 Investment Choices Higher education is generally viewed as a good investment, if one can afford it, regardless of the state of the economy. (Credit: modification of...

Q:

4. Using the financial ratios provided by eVal, evaluate any trends in Royal Caribbean?s return on equity, compare it with Carnival Cruise?s return on equity, and discuss the main causes of any...

Q:

What is expected of you? Study the case and create a complete scenario analysis for the US airline industry over a two year time period. Please use a chart for your submission. The US Airline...

Q:

Part 1: Recent Economic and Financial Developments Monetary Policy Report submitted to the Congress on February 7, 2020, pursuant to section 2B of the Federal Reserve Act Domestic Developments The...

Q:

4 Files 3:18 PM Fri May '13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: FISCAL POLICY Use the space below to take notes during class. Disposable Income: How does a change in...

Q:

4 Files 3:17 PM Fri May 13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: POLICY BASICS Use the space below to take notes during class. The Federal Reserve: Monetary Policy:...

Q:

Prepare an Excel workbook that contains a separate spreadsheet for the government entity. The spreadsheets should list the following: The principle sources of revenues for the general fund The...

Q:

Discussion Topic Read the case study, Redeveloping Mission and the 'Driveway Tax' Controversy". In the Discussion, your initial post should address the following questions. Compare the differences...

Q:

Question 2 [20 marks] From the answer in question 1, argue which one of the primary activities could be the weakest link in the XT Beautys value chain primary activities. NOTE: You will get marks for...

Q:

(Questions from Lecture and Article) - Discussion Board Activity I need to read the following Lecture Note and the ?Wall Street Journal? articles that I uploaded, and writeanswers for theDiscussion...

Q:

Mr. Sam Spade, the president of Ajax, recently read in a report that a competitor named Bendix has the following relationship between cost and production quantity: c = $3,000,000 - $18,000Q + $75Q 2...

Q:

You buy XYZ put options with exercise price $42 for a premium of $3.28. At expiration, XYZ is trading for $30.95 per share. What is your total profit or loss per share?

Q:

Find the derivative of the function. f ( x ) = x 3 8 x 2 + 8 x 2 f ' ( x ) =

Q:

Dilia Company incurred manufacturing overhead cost for the year as follows: Direct materials............................................................ $50/unit Direct...

Q:

Multiple Choice Questions 1. Which of the following is false about perfect competition? a. Perfectly competitive firms sell homogeneous products. b. A perfectly competitive industry allows easy entry...

Q:

The subdivision of Problem 6.8 drains to the upstream end of a circular price that has an n value of 0.013 and a slope of 0.005 ft/ft. Determine the size of pipe needed to carry the flow from the...

Q:

Washington, Inc., makes three models of motorized carts for vacation resorts, X-10, X-20, and X-40. Washington manufactures the carts in two assembly departments: Department A and Department B. All...

Q:

1. Would Lyles claim of racial discrimination be for intentional (disparate-treatment) or unintentional (disparate-impact) discrimination? Explain. 2. Can Lyle establish a prima facie case of racial...

Q:

write your own profile. exchange and discuss your profile with your partner. i want to write my own profile . my name is sadeem .. I'm a girl and I'm a student in high school and my age is 18. write...

Q:

The expert rule: We have more confidence in information presented by someone who is an expert in the field than by someone who is not.

Q:

How easy the information is to remember

Q:

The personal characteristics of the sender