Travel + Leisure magazine presented its annual list of the 500 best hotels in the world. The magazine provides a rating for each hotel along with a brief description that includes the size of the hotel, amenities, and the cost per night for a double room. A sample of 12 of the top-rated hotels in the United States follows. Location Rooms Cost/Night Phoenix, AZ 220 499 Orlando, FL 727 340 Los Angeles, CA 285 585 Boston, MA 273 495 Washington DC 145 495 Ashville, NC 213 279 Phoenix, AZ 398 279 Island of Hawaii 343 455 Laguna Beach, CA 250 595 Chicago, IL 414 367 Dana Point, CA 400 675 Colorado Springs, CO 700 420 What is the sample correlation coefficient? What does it tell you about the relationship between the number of rooms and the cost per night for a double room? Does this appear reasonable? Discuss. Please show steps in Excel.
Travel + Leisure magazine presented its annual list of the 500 best hotels in the world. The magazine provides a rating for each hotel along with a brief description that includes the size of the hotel, amenities, and the cost per night for a double room. A sample of 12 of the top-rated hotels in the United States follows. Location Rooms Cost/Night Phoenix, AZ 220 499 Orlando, FL 727 340 Los Angeles, CA 285 585 Boston, MA 273 495 Washington DC 145 495 Ashville, NC 213 279 Phoenix, AZ 398 279 Island of Hawaii 343 455 Laguna Beach, CA 250 595 Chicago, IL 414 367 Dana Point, CA 400 675 Colorado Springs, CO 700 420 What is the sample correlation coefficient? What does it tell you about the relationship between the number of rooms and the cost per night for a double room? Does this appear reasonable? Discuss. Please show steps in Excel.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 11PPS
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Travel + Leisure magazine presented its annual list of the 500 best hotels in the world. The magazine provides a rating for each hotel along with a brief description that includes the size of the hotel, amenities, and the cost per night for a double room. A sample of 12 of the top-rated hotels in the United States follows.
Location | Rooms | Cost/Night |
Phoenix, AZ | 220 | 499 |
Orlando, FL | 727 | 340 |
Los Angeles, CA | 285 | 585 |
Boston, MA | 273 | 495 |
Washington DC | 145 | 495 |
Ashville, NC | 213 | 279 |
Phoenix, AZ | 398 | 279 |
Island of Hawaii | 343 | 455 |
Laguna Beach, CA | 250 | 595 |
Chicago, IL | 414 | 367 |
Dana Point, CA | 400 | 675 |
Colorado Springs, CO | 700 | 420 |
What is the sample
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