Managing Through Information Research Paper Example | Topics and Well Written Essays - 3000 words

Managing Through Information - Research Paper Example By analysing their opinions the exact points and places of developing infrastructure can be identified and the required action can be taken. The details are about expenditure and the tourist satisfaction. So every analysis and action taken must be on how far the tourists are using the existing infrastructure and the steps that can be taken to maximise them. The people are completely dependent on tourism for four months as they have no other occupation than fishing. It stresses the importance of developing tourism industry by increasing facilities for them, which makes them visit the Island frequently resulting in increase of revenue. Comments : The standard deviation for German is more and Italians follow them. This tells that the people from that nationality are using different types of accommodations, transport facilities from cheaper ones to costlyones. But the standard deviations of British and French are less compared to German and Italian. Though these to nationals also have much difference from the mean of spending that difference is however less telling that increasing of infrastructure and facilities for low cost increase more number German and Italian tourists. This may result in more than 25% percent increase in revenues from the tourism Comments: The individual spendin... British German French Italian Mean 105, 108, 106, 104, Sample Standard Deviation 14 18 16 15 Standard Error 2.5 3 2.8 3.1 Estimate of Mean Upper Limit 72 78 77 76 Lower Limit 125 135 130 134 Comments: The individual spending regarding each nationality also varies in the same way as group spending. But here French follows Germany and the increase of accommodation for individuals increase the tourists from Germany and France. The increase of facilities and accommodation for group or for family is capable of increasing tourists from British and Italy, as in the case of British and Italian nationals the deviation in spending from the mean is less. By increasing facilities for less charges may increase tourists from Germany and France. Task 1(c) - Difference in Means of Group Spending Standard Error British German French Italian British 0 5 1 2.9 German 5 0 4.9 2.0 French 1 4.9 0 4.1 Italian 2.9 2 4.1 0 Z-score British German French Italian British 0 2.2 1.1 3.5 German 2.2 0 6 2.2 French 1.1 6 0 2.2 Italian 3.5 2.2 2.2 0 Comments :The value of the Z Score is better for British and German, Italian and British, Italian and German , Italian and French. This means that gaining Italian tourists is more probable than gaining British nationals. Similarly gaining German tourists is more probable than attracting French. This means that the improving of infrastructure attracts tourists from Italy and Germany. Difference in Means of Individual Spending Standard Error British German French Italian British 0 3 1 1 German 3 0 2 4 French 1 2 0 2 Italian 1 4 3 0 Z-score British German French Italian British 0 2.2 1.1 3.5 German 2.2 0 6 2.2 French 1.1 6 0 2.2 Italian 3.5 2.2 2.2 0 Comments : The value of the Z Score is better