Go to www.pearsonhighered.com/ sullivanstats to obtain the data file 9_4_21. The data represent the status of licenses for short-term rentals in New Orleans, where “Yes” indicates the license is expired and “No” indicates the license is not expired.
(a) What type of variable is the variable “Expired” in the data set?
(b) Estimate with 95% confidence the likelihood that you will select a short-term rental in New Orleans where the license is expired. Be sure all model requirements for obtaining the estimate are satisfied. There are 13,422 short-term rentals in the city of New Orleans.