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Thefollowingdatashowstheaveragedailyhotelroomrateandtheamountspentonentertainmentfromsampledhotels inKenya. City Entertainment($) RoomRate($) Nairobi 173 164 Eldoret 113 98 Kisumu 101 99 Nyeri 102 125 Mombasa 169 138 Malindi 92 98 Estimatethe99%confidenceintervalestimatefortheroom rate
- Thefollowingdatashowstheaveragedailyhotelroomrateandtheamountspentonentertainmentfromsampledhotels inKenya.
City | Entertainment($) | RoomRate($) |
Nairobi | 173 | 164 |
Eldoret | 113 | 98 |
Kisumu | 101 | 99 |
Nyeri | 102 | 125 |
Mombasa | 169 | 138 |
Malindi | 92 | 98 |
- Estimatethe99%confidenceintervalestimatefortheroom rate (3 marks).
- At=0.02levelofsignificance,wouldyouconcludethatthereisasignificanteffectof room rateonentertainment?Usecritical valueapproach(6marks).
- At= 0.01significance level, would you conclude that there is a significant linearrelationshipbetweenroomrateandentertainment?Usecritical valueapproach
(6marks)
ShowtheANOVAtableforregression
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