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Hilton claims that 70% of their hotels are full during the New Year Eve's weekend. A sample of 58 Hilton hotels shows 47 of them are fully booked and 11 are not. (a) How would you best describe the data sampled here? [Select ] (b) Formulate the hypotheses that can be used to test whether Hilton's claim 70% of the hotels beir full is accurate or not. [Select ] (c) What's your test statistic for this hypothesis test? [Select ] (d) What is the p-value using the sample of 58 hotels? [Select ] (e) At 1% significance level, what is the critical value (or critical values) using the critical value approach? [Select ] (f) At 1% significance level, what are your conclusions? [ Select]

Hilton claims that 70% of their hotels are full during the New Year Eve's weekend. A sample of 58 Hilton hotels shows 47 of them are fully booked and 11 are not. (a) How would you best describe the data sampled here? [Select ] (b) Formulate the hypotheses that can be used to test whether Hilton's claim 70% of the hotels beir full is accurate or not. [Select ] (c) What's your test statistic for this hypothesis test? [Select ] (d) What is the p-value using the sample of 58 hotels? [Select ] (e) At 1% significance level, what is the critical value (or critical values) using the critical value approach? [Select ] (f) At 1% significance level, what are your conclusions? [ Select]

MATLAB: An Introduction with Applications
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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Hilton claims that 70% of their hotels are full during the New Year Eve's weekend. A sample of 58 Hilton hotels shows 47 of them are fully booked and 11 are not. (a) How would you best describe the data sampled here? [Select ] (b) Formulate the hypotheses that can be used to test whether Hilton's claim 70% of the hotels beir full is accurate or not. [Select ] (c) What's your test statistic for this hypothesis test? [Select ] (d) What is the p-value using the sample of 58 hotels? [Select ] (e) At 1% significance level, what is the critical value (or critical values) using the critical value approach? [Select ] (f) At 1% significance level, what are your conclusions? [ Select ]
Transcribed Image Text:Hilton claims that 70% of their hotels are full during the New Year Eve's weekend. A sample of 58 Hilton hotels shows 47 of them are fully booked and 11 are not. (a) How would you best describe the data sampled here? [Select ] (b) Formulate the hypotheses that can be used to test whether Hilton's claim 70% of the hotels beir full is accurate or not. [Select ] (c) What's your test statistic for this hypothesis test? [Select ] (d) What is the p-value using the sample of 58 hotels? [Select ] (e) At 1% significance level, what is the critical value (or critical values) using the critical value approach? [Select ] (f) At 1% significance level, what are your conclusions? [ Select ]
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