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1. Since the full reopening of the economy there has been a drastic increase in the number of tourist arrivals to the island. Use the
1. Since the full reopening of the economy there has been a drastic increase in the number of tourist arrivals to the island. Use the model below to provide inferences to the Jamaica Tourist Board:
= 700+ 2,000 + 1,504 + 2,890 +
(2.6008 ) (1.008) (1.7890) (1.1289)
= 3,000 2 = 0.47
: = , = ($), = (), = 1
.
i) Test the null hypothesis at the 1% level of significance that there is a significant difference between visitor arrivals during the winter and summer seasons in the source countries.
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