You may need to use the appropriate technology to answer this question. Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel). Hotel occupancy data for February in two consecutive yea are as follows. Current Year Previous Year Occupied Rooms 1,470 1,440 Total Rooms 1,750 1,800 (a) Formulate the hypothesis test that can be used to determine if there has been an increase in the proportion of rooms occupied over the one-year period. (Let p, = population proportion of rooms occupied for curre year and p, = population proportion of rooms occupied for previous year.) Ho: P, - P2 < o Hại P1 - P2 =0 a Ho: P1 - P2 s o Hg: P1- P2 > 0 Ho: P1- P2 = 0 Hai P1 - P2 * 0 Ho: P1- P2 * 0 Hại P1 - P2 = 0 Ho: P1 - P2 2 0 Hai P1 - P2 < 0 (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) nanluo

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You may need to use the appropriate technology to answer this question.
Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel). Hotel occupancy data for February in two consecutive years
are as follows.
Current Year
Previous Year
Осcupied
Rooms
1,470
1,440
Total
1,750
1,800
Rooms
(a) Formulate the hypothesis test that can be used to determine if there has been an increase in the proportion of rooms occupied over the one-year period. (Let p,
population proportion of rooms occupied for current
year and p, = population proportion of rooms occupied for previous year.)
%3D
Ho: P1 - P2 < 0
Ha: P1- P2 =
Ho: P1- P2<0
Ha: P1 - P2 > 0
Ho: P1 - P2 = 0
Ha: P1 - P2 + 0
Ho: P1 - P2 + 0
Ha: P1 - P2 = 0
Ho: P1 - P2 2 0
Ha: P1 - P2<
(b) What is the estimated proportion of hotel rooms occupied each year?
current
previous
(c) Calculate the test statistic. (Round your answer to two decimal places.)
What is the p-value? (Round your answer to four decimal places.)
p-value
Transcribed Image Text:You may need to use the appropriate technology to answer this question. Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel). Hotel occupancy data for February in two consecutive years are as follows. Current Year Previous Year Осcupied Rooms 1,470 1,440 Total 1,750 1,800 Rooms (a) Formulate the hypothesis test that can be used to determine if there has been an increase in the proportion of rooms occupied over the one-year period. (Let p, population proportion of rooms occupied for current year and p, = population proportion of rooms occupied for previous year.) %3D Ho: P1 - P2 < 0 Ha: P1- P2 = Ho: P1- P2<0 Ha: P1 - P2 > 0 Ho: P1 - P2 = 0 Ha: P1 - P2 + 0 Ho: P1 - P2 + 0 Ha: P1 - P2 = 0 Ho: P1 - P2 2 0 Ha: P1 - P2< (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) p-value
(d) What is the 95% confidence interval estimate of the change in occupancy for the one-year period? (Round your answers to four decimal places.)
to
Transcribed Image Text:(d) What is the 95% confidence interval estimate of the change in occupancy for the one-year period? (Round your answers to four decimal places.) to
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