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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 Se May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Current Year 1,470 1,750 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. Occupied Rooms Total Rooms Let P₁ population proportion of rooms occupied for current year P-population proportion of rooms occupied for previous year Previous Year 1,458 1,800 Ho: Pi-Pa-Select your answer. Ha PP-Select your answer. b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year Previous Year e. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. Using a 0.05 level of significance, what is your conclusion? We-Select your answer 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 Do you think area officials would be pleased with the results? Officials would likely be - Select your answer with the occupancy statistics as the trend for the current year is - Select your answer in hotel occu

Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Se May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Current Year 1,470 1,750 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. Occupied Rooms Total Rooms Let P₁ population proportion of rooms occupied for current year P-population proportion of rooms occupied for previous year Previous Year 1,458 1,800 Ho: Pi-Pa-Select your answer. Ha PP-Select your answer. b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year Previous Year e. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. Using a 0.05 level of significance, what is your conclusion? We-Select your answer 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 Do you think area officials would be pleased with the results? Officials would likely be - Select your answer with the occupancy statistics as the trend for the current year is - Select your answer in hotel occu

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
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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 Occupied Rooms Total Rooms 1,750 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 P-population proportion of rooms occupied P2 = population proportion of rooms occupied current year previous year HoP-P-Select your answer. H₂i Pi-Pa-Select your answer b. 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 0.05 level of significance, what is your conclusion? We Select you ct your answer 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)? Do you think area officials would be pleased with the results? Officials would likely be-Select your wer with the occupancy statistics as the trend for the current year is-Select your answer 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. Current Year Occupied Rooms Total Rooms 1,750 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 P-population proportion of rooms occupied P2 = population proportion of rooms occupied current year previous year HoP-P-Select your answer. H₂i Pi-Pa-Select your answer b. 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 0.05 level of significance, what is your conclusion? We Select you ct your answer 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)? Do you think area officials would be pleased with the results? Officials would likely be-Select your wer with the occupancy statistics as the trend for the current year is-Select your answer in hotel occupancy rates compared to last year.
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