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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, May 19,
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, 2013). Hotel occupancy data for February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,428 1,539 Total Rooms 1,700 1,900 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 2 population proportion of rooms occupied for current year p2 2 population proportion of rooms occupied for previous year Ho=p1_ H.=p1_ b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Cu rre nt yea r PFEVlOUS Year c. Conduct a hypothesis test. What is the pvalue (to 4 decimals)? Use Table 1 from Appendix B. p-value =
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