Airbnb is an online marketplace for arranging or offering lodging, primarily homestays, or tourism experiences. Airbnb provides
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Airbnb is an online marketplace for arranging or offering lodging, primarily homestays, or tourism experiences. Airbnb provides a platform for hosts to accommodate guests with short-term lodging and tourism-related activities. Guests can search for lodging using filters such as lodging type, dates, location, and price. However, there are also many controversies around it. For example, Airbnb received criticism for allegedly resulting in increased housing prices. The data in the Excel file Airbnb Samples contains randomly selected samples that include prices for different Airbnb accommodations (same quality, same length of stay). Compute the sample means and the empirical rule ranges. Interpret your findings.
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