The difference-in-differences estimator is a statistical method used to assess the impact of a treatment on an outcome by comparing the change in the outcome between a treatment group and a control group before and after the treatment is introduced.
How to explain the informationIn this case, the treatment is the lockdown policy and the outcome is the number of daily COVID-19 cases.
This difference is 1.5 cases per 1,000 people. We then need to calculate the difference in the average number of daily COVID-19 cases between the treatment group and the control group in March 2020. This difference is 0.5 cases per 1,000 people. Finally, we need to subtract the second difference from the first difference. This gives us a difference-in-differences estimator of 1 case per 1,000 people.
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The tourism industry’s main job is to cater to customers who
travel for pleasure or business.
seek the fanciest place to stay overnight.
want an exquisite dining experience.
desire to take part in a recreational activity.
Answer:
travel for pleasure or business.
Explanation:
The tourism industry's main job is to cater to customers who travel for pleasure or business. Option A.
The tourism industry's primary job is to cater to customers who travel for pleasure or business. The industry encompasses a wide range of services and experiences to meet the diverse needs and preferences of travelers.
Traveling for pleasure is a significant aspect of tourism. People embark on trips to explore new destinations, relax, and engage in recreational activities.
Tourism service providers, such as hotels, resorts, tour operators, and travel agencies, play a crucial role in ensuring that these travelers have a fulfilling and enjoyable experience. They offer accommodations, transportation, sightseeing tours, and various recreational activities to meet the demands of leisure travelers.
On the other hand, business travel is also an integral part of the tourism industry. Many individuals travel for work-related purposes, such as attending conferences, meetings, or corporate events.
In this context, the tourism industry caters to their specific needs, including providing convenient accommodations, conference facilities, transportation, and related services. Business travelers often have different requirements, such as efficient connectivity, accessibility to business centers, and proximity to key locations.
While some travelers may seek exquisite dining experiences or fancy accommodations, these are specific preferences within the broader scope of the tourism industry.
The main focus of the industry is to cater to customers who travel for pleasure or business, providing them with a range of services and experiences tailored to their individual preferences and requirements.
In summary, the tourism industry's main job is to cater to customers who travel for pleasure or business, providing them with a variety of services, accommodations, transportation, and recreational activities to ensure an enjoyable and fulfilling travel experience. So Option A is correct.
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