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Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity ( Orlando Sentinel ).
Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel). Hotel occupancy data for February in two consecutive years are as follows.
Current Year | Previous Year | |
---|---|---|
Occupied Rooms | 1,470 | 1,458 |
Total Rooms | 1,750 | 1,800 |
What is the 95% confidence interval estimate of the change in occupancy for the one-year period? (Round your answers to four decimal places.)
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