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m 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 yea =follows. Current Year Previous Year 1,435 1,422 1,750 1,800 mulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. population proportion of rooms occupied for current year 2population proportion of rooms occupied for previous year P1-P2 less than or equal to 0 P1-P2 greater than 0 at is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? nt year .82 Dus Year .05 nduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. e-.7997 .7997 a 0.05 level of significance, what is your conclusion? Occupied Rooms Total Rooms an conclude V that there has been an increase in the hotel occupancy rate. at is the 95% confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? 14 to .066 * u think area officials would be pleased with the results?

m 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 yea =follows. Current Year Previous Year 1,435 1,422 1,750 1,800 mulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. population proportion of rooms occupied for current year 2population proportion of rooms occupied for previous year P1-P2 less than or equal to 0 P1-P2 greater than 0 at is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? nt year .82 Dus Year .05 nduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. e-.7997 .7997 a 0.05 level of significance, what is your conclusion? Occupied Rooms Total Rooms an conclude V that there has been an increase in the hotel occupancy rate. at is the 95% confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? 14 to .066 * u think area officials would be pleased with the results?

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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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. Ho: P1 P2 less than or equal to 0 Ha P1 P2 greater than 0 b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? 1,435 1,750 1,422 1,800 a. Formulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. Let P1 = population proportion of rooms occupied for current year P2 = population proportion of rooms occupied for previous year Current year Previous Year .82 .05 p-value = .7997 Using a 0.05 level of significance, what is your conclusion? .014 c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. to .066 Do you think area officials would be pleased with the results? Officials would likely be pleased Occupied Rooms Total Rooms We can conclude 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)? Current Year Previous Year with the occupancy statistics as the trend for the current year is an increase in hotel occupancy rates compared to last year.
Transcribed Image Text: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. Ho: P1 P2 less than or equal to 0 Ha P1 P2 greater than 0 b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? 1,435 1,750 1,422 1,800 a. Formulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. Let P1 = population proportion of rooms occupied for current year P2 = population proportion of rooms occupied for previous year Current year Previous Year .82 .05 p-value = .7997 Using a 0.05 level of significance, what is your conclusion? .014 c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. to .066 Do you think area officials would be pleased with the results? Officials would likely be pleased Occupied Rooms Total Rooms We can conclude 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)? Current Year Previous Year with the occupancy statistics as the trend for the current year is an increase in hotel occupancy rates compared to last year.
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