nment Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 19, 2018). Hotel occupancy February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,394 1,343 Total Rooms 1,700 1,700 a. Formulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. Let p1 = population proportion of rooms occupied for current year P2 = population proportion of rooms occupied for previous year Ho : P1 - P2 less than or equal to 0 Ha : P1 - P2 greater than 0 b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year .82 Previous Year .79 C. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. p-value = .0018 x Using a 0.05 level of significance, what is your conclusion? We can conclude that there has been an increase in the hotel occupancy rate. d. What is the 95% confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? .0041 to .0559 X Do you think area officials would be pleased with the results? Officials would likely be pleased with the occupancy statistics as the trend for the current year is |an increase |in hotel occupancy rates compared to last year o search O W P . Rain to stop ~ 0 D