Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the HotelPrice data set (attached) and answer the following questions: What was the average price of a room at two-star, three-star and four-star hotels

Use the HotelPrice data set (attached) and answer the following questions:

  1. What was the average price of a room at two-star, three-star and four-star hotels around the world during the first half of 2013? The attached file containsthe prices in English pounds.
  2. Complete the following for the two-star, three-star and four-star hotels.

a. Construct a frequency distribution and a percentage distribution.

b. Construct a histogram

c. Construct a cumulative percentage distribution

d. What conclusions can you reach about the cost of two-star, three-star and four-star hotels?

e. Construct separate scatterplots of the cost of two-star hotels versus three-star hotels, two-star hotels versus four-star hotels and three-star hotels versus four-star hotels.

f. What conclusions can you reach about the relationship of price of two-star, three-star and four-star hotels?

For questions (b) and (e), you are required to do graphs in Excel. These graphs are to be copied/pasted in a Word documents. You will need to write at least a 3 sentence explanation each for parts (d) and (f)of each question.

For this week's assignment, please use the following information to construct your frequency and percent distributions.

For two star hotels, yourupper class boundaries should be 29, 39, 49 and so.

For three-star hotels, your upper boundaries should be 44, 59, 74, 89 and so on

For four-star hotels, your upper boundaries should be 79, 94, 109 and so on.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Differential Equations With Boundary-Value Problems

Authors: Dennis G Zill

9th Edition

133751506X, 9781337515061

More Books

Students also viewed these Mathematics questions

Question

Which body manages finances for the entire world efficiently?

Answered: 1 week ago

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago