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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 Sentinef, 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 Sentinef, May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,534 1,615 Total Rooms 1,800 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 oneyear period. Let P1 = population proportion of rooms occupied for current year 102 = population proportion of rooms occupied for previous year Ho 1P1 * P2 - Select your answer - : Ha =m m b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year Previous Year c. Conduct a hypothesis test. What is the P-value (to 4 decimals)? Use Table 1 from Appendix B. p-value = Using a 0'05 level of signicance, what is your conclusion? We - Select your answer - t 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)? to Do you think area ofcials would be pleased with the results? Officials would likely be - Select your answer - with the occupancy statistics as the trend for the current year is - Select your answer - in hotel occupancy rates compared to last year. ..... .....m..,......... n... rug-nu..- ,u... Ho :91 a HR :p1 _' greater than or equal to 0 I b. What is greater than 0 - ms occupied each year (to 2 decimals)? less than or equal to 0 Current V less than 0 Previous Y equal to 0 c. Conduct not equal to o e {to 4 decimals)? Use Table 1 from Appendix B. p-value : Using a 0-05 level of significance, what is your conclusion? We - Select your answer - : 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)? to Do you think area ofcials would be pleased with the results? Officials would likely be - Select your answer - t with the occupancy statistics as the trend for the current year is - Select your answer - e in hotel occupancy rates compared to last year. Ho : p1 - P2 - Select your answer - Ha : P1 v - Select your answer - b. What is greater than or equal to 0 oms occupied each year (to 2 decimals)? greater than 0 Current ye less than or equal to 0 Previous Ye less than 0 c. Conduct equal to O ue (to 4 decimals)? Use Table 1 from Appendix B. P-value = not equal to 0 Using a 0.05 level of significance, what is your conclusion? We - Select your answer - * that there has been an increase in the hotel occupancy rate. d. What is the 95%% confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? to Do you think area officials would be pleased with the results? Officials would likely be - Select your answer - + with the occupancy statistics as the trend for the current year is - Select your answer - in hotel occupancy rates compared to last year.Using a 0.05 level of significance, what is your conclusion? V - Select your answer - that there has been an increase in the hotel occupancy rate. can conclude terval estimate of the change in occupancy for the one-year period (to 4 decimals)? cannot conclude Do you think area officials would be pleased with the results? Officials would likely be - Select your answer - * with the occupancy statistics as the trend for the current year is |- Select your answer - + in hotel occupancy rates compared to last year.Do you think area officials would be pleased with the results? Officials would likely V - Select your answer - with the occupancy statistics as the trend for the current year is - Select your answer - + in hotel occupancy rates com pleased unpleasedDo you think area ofcials would be pleased with the results? Officials would likely be - Select your answer - with the occupancy statistics as the trend for the current yea J - Select your answer - I in hotel occupancy rates compared to last year. a decrease an increase
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