X Chapter 1ment Tounsm 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, 2015). Hotel occupancy data for February in two consecutive years are as follows, 7 8 Current Year Previous Year Occupied Rooms 1,428 1,372 Total Rooms 1,700 1,700 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 me population proportion of rooms occupied for current year population proportion of rooms occupied for previous year HIP-P Select your answer RPP Select your answer 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 decimal) Use Table 1 from Appendix & pvoe- Using a 0.05 level of significance, what is your conclusion? We all your way that there has been an increase in the hotel occupancy rate d. What is the 9% confidence intervalestimate of the change in occupancy for the one-year period (to 4 decimale)? Do you think are officials would be pleased with the results? omdat would likely be Select your answer with the occupancy statistics as the trend for the current you to select your answers in hotel occupancy rates compared to last year Check My Works remaining) X Chapter 1ment Tounsm 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, 2015). Hotel occupancy data for February in two consecutive years are as follows, 7 8 Current Year Previous Year Occupied Rooms 1,428 1,372 Total Rooms 1,700 1,700 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 me population proportion of rooms occupied for current year population proportion of rooms occupied for previous year HIP-P Select your answer RPP Select your answer 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 decimal) Use Table 1 from Appendix & pvoe- Using a 0.05 level of significance, what is your conclusion? We all your way that there has been an increase in the hotel occupancy rate d. What is the 9% confidence intervalestimate of the change in occupancy for the one-year period (to 4 decimale)? Do you think are officials would be pleased with the results? omdat would likely be Select your answer with the occupancy statistics as the trend for the current you to select your answers in hotel occupancy rates compared to last year Check My Works remaining)
