Three Star Hotel in Delhi A three-star hotel is located in Delhi has been experiencing a decline in its occupancy during the past one year. The management has recently reviewed the problem and is seriously considering to attract business executives as also to provide adequate facilities for holding business conferences, workshops, etc. Since this would involve some renovation of the existing building in addition to new furniture and equipment, the management wants to be cautious in undertaking such expenditure. Since its inception several years ago, the hotel has been maintaining a complete record of its guests. When a person visits the hotel for the first time, details such as his name, age, sex, permanent address, the purpose of visit and duration of stay along with dates are entered on card. The guest file has expanded tremendously containing over 8,000 cards. The management wants to make use of this readily available information along with any additional information necessary in this regard. A. Specify the statistical universe's impact on the management's choice of the sample. B. If a sample is to be drawn from the guest file, describe the procedure of a. Simple random sampling. b. Systematic random sampling. C. Stratified random sampling C. Which of the sample designs would you select and why?