10 (11) Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,476 1,482 Total Rooms 1,800 1,900 What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year Previous Year c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. p-value = Using a level of significance, what is your conclusion? We ______ that there has been an increase in the hotel occupancy rate. d. What is the 95 %confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? ___ to ___
10 (11)
Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows.
Current Year | Previous Year | |
Occupied Rooms | 1,476 | 1,482 |
Total Rooms | 1,800 | 1,900 |
What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)?
Current year | |
Previous Year |
c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B.
p-value =
Using a level of significance, what is your conclusion?
We ______ that there has been an increase in the hotel occupancy rate.
d. What is the 95 %confidence
___ to ___
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