Question
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, May,). Hotel occupancy data for February in two consecutive years are as follows.
Current Year Previous Year
Occupied Rooms 1,360 1,463
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.
Letpopulation proportion of rooms occupied for current yearpopulation proportion of rooms occupied for previous year
B. What is the estimated proportion of hotel rooms occupied each year (to2 decimals)?
Current year=
Previous Year=
c.Conduct a hypothesis test. What is the-value (to4 decimals)
d. What is the95%confidence interval estimate of the change in occupancy for the one-year period (todecimals)?
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