a. Formulate the hypothesis test that car be used to determine if there has been a increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of
a. Formulate the hypothesis test that car be used to determine if there has been a increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![11:31:45
65%
= bartleby
E Q&A I 8
Math / Statistics / S. / Winter visitors are extremely importa...
: Winter visitors are extremely importa...
Winter visitors are extremely important to the
economy of Southwest Florida. Hotel
occupancy is an often-reported measure of
visitor volume and visitor activity (Naples
Daily News, March 22, 2012). Hotel occupancy
data for February in two consecutive years are
as follows.
Current
Previous
Year
Year
Осcupied
1470
1458
Rooms
Total Rooms
1750
1800
a. Formulate the hypothesis test that can
be used to determine if there has been an
increase in the proportion of rooms
occupied over the one-year period.
b. What is the estimated proportion of
hotel rooms occupied each year?
c. Using a .05 level of significance, what is
your hypothesis test conclusion? What is
the p-value?
d. What is the 95% confidence interval
estimate of the change in occupancy for
the one-year period? Do you think area
officials would be pleased with the
results?
Privacy - Terms](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55beb9c1-b5ca-4a23-8f96-ea3d64328563%2F0eedf4c3-d7b3-453d-bf0f-efb463640e9d%2Fqujaho_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11:31:45
65%
= bartleby
E Q&A I 8
Math / Statistics / S. / Winter visitors are extremely importa...
: Winter visitors are extremely importa...
Winter visitors are extremely important to the
economy of Southwest Florida. Hotel
occupancy is an often-reported measure of
visitor volume and visitor activity (Naples
Daily News, March 22, 2012). Hotel occupancy
data for February in two consecutive years are
as follows.
Current
Previous
Year
Year
Осcupied
1470
1458
Rooms
Total Rooms
1750
1800
a. Formulate the hypothesis test that can
be used to determine if there has been an
increase in the proportion of rooms
occupied over the one-year period.
b. What is the estimated proportion of
hotel rooms occupied each year?
c. Using a .05 level of significance, what is
your hypothesis test conclusion? What is
the p-value?
d. What is the 95% confidence interval
estimate of the change in occupancy for
the one-year period? Do you think area
officials would be pleased with the
results?
Privacy - Terms
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