Hospitality & Tourism Study Guide (math)
UPDATED Actual Exam Questions and
CORRECT Answers
You interview 913 persons and only 5 prefer Cajun food. What percentage prefer Cajun food?
- CORRECT ANSWER✔✔- 0.5%
When the national economy goes from bad to better, market research shows changes in the
sales at various types of restaurants. Projected 2011 sales at quick-service restaurants are
$164.8 billion, which was 3% better than in 2010. Projected 2011 sales at full-service
restaurants are $184.2 billion, which was 1.2% better than in 2010. How will the dollar
growth in quick-service restaurants sales compared to the dollar growth for full-service
places? - CORRECT ANSWER✔✔- It will be greater by $19.4 billion
You are starting a restaurant in a college town. A survey of 100 potential customers indicates
the following preferences for nights to eat out? What is the fewest number of nights you
would need to be open to satisfy 80% of these potential customers? Monday: 5, Tuesday: 8,
Wednesday: 12, Thursday: 16, Friday: 22, Saturday: 28, Sunday: 9 - CORRECT
ANSWER✔✔- 5 days
You collect 96 customer comment cards, 21 online surveys, and 43 surveys from people
passing in front of your restaurant. What is your total sample size and what percent of your
sample answered on customer comment cards? - CORRECT ANSWER✔✔- 160 sample
size, 60% on comment cards
You get a survey from your Chamber of Commerce. It says that 24% of businesspeople eat
out at least once a week and 18% of families eat out once a week. Within your town, there are
approximately 1400 business people and 9600 families. Which market segment appears
bigger? - CORRECT ANSWER✔✔- Families
Your survey indicates the following favorite beverage choices: 20 milk, 13 water, 22 soda, 32
coffee. What percentage of customers can you satisfy if you just serve milk or water? -
CORRECT ANSWER✔✔- 38%
Chefs of the American Culinary Institute predict that the newest market concepts will be
places offering cooking classes or demonstrations (18% of those surveyed), restaurants with
gardens (33%), street food and mobile food trucks (15%), and restaurants on farms (18%).
, Which trend was the most predicted, by about a third of the 1,854 chefs? - CORRECT
ANSWER✔✔- Restaurants with gardens
A survey by the National Restaurant Association found that 70% of consumers say that they
are more likely to visit restaurants that offer locally produced food. If the city has a
metropolitan population of 1,773,120, how many might prefer a restaurant with locally
produced food? - CORRECT ANSWER✔✔- 1,241,184
You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on
Tuesdays. You then look only at the 60 families answering survey and find that 10 prefer to
eat out on Tuesdays. Are families for or less likely to eat out on Tuesday than the general
population? - CORRECT ANSWER✔✔- More likely
Market researchers often compute the "mean" or average of data collected. What is the mean
income of the following three people surveyed? Person A: $34,000, Person B: $44,000,
Person C: $21,000 - CORRECT ANSWER✔✔- $33,000
Real estate taxes for commercial property in your town are $11 per $1,000 assessed value.
You plan on buying a rundown property for $200,000 and putting in $300,000 in
improvements. Which of the following is the best estimate of your yearly real estate taxes? -
CORRECT ANSWER✔✔- $5,500
Your building plan for your restaurant includes 4 bathrooms - 2 women's and 2 men's. The
city inspector informs you, that you must have at least 400 square feet per bathroom. If your
building is a total of 8,000 square feet, how many square feet are left for the development of
other, non bathroom areas? - CORRECT ANSWER✔✔- 6,400 square feet
You plan to construct a restaurant on a 20,000 square foot lot, but a local ordinance says that
your parking area must be 60% of the lot space. How much space is left to construct your
building? - CORRECT ANSWER✔✔- 8,000 square feet
You believe your restaurant concept can generate $50,000 in net profit per year. Your
investors demand at 20% return on investment. How much can you invest? - CORRECT
ANSWER✔✔- $250,000
