ourism 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 1470 1458 total rooms 1750 1800 a)What is the 95% confidence interval estimate of the change in occupancy for the one-year period? b)Do you think officials will be pleased with the results? c) Using a 0.05 level of significance, test the hypothesis that there has been an increase in the proportion of rooms occupied over the one-year period.
Unitary Method
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Profit and Loss
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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,
| current year | previous year | |
| occupied rooms | 1470 | 1458 |
| total rooms | 1750 | 1800 |
a)What is the 95% confidence
b)Do you think officials will be pleased with the results?
c) Using a 0.05 level of significance, test the hypothesis that there has been an increase in the proportion of rooms occupied over the one-year period.
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