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 data for February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,394 1,422 Total Rooms 1,700 1,800 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 oneyear period. Let p1 : population proportion of rooms occupied for current year p2 : population proportion of rooms occupied for previous year H.=..._0 b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year 0.82 w Previous Year 0.79 M c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. p-value: 0.0125 9 Using a 0.05 level of significance, what is your conclusion? We M that there has been an increase in the hotel occupancy rate. d. What is the 95% condence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? 0.0033 0:0 0.0566 w Do you think area officials would be pleased with the results? Officials would likely be K10 with the occupancy statistics as the trend for the current year is M in hotel occupancy rates compared to last year