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a. Formulate the hypothesis test that car be used to determine if there has been a increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of

a. Formulate the hypothesis test that car be used to determine if there has been a increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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11:31:45 65% = bartleby E Q&A I 8 Math / Statistics / S. / Winter visitors are extremely importa... : Winter visitors are extremely importa... Winter visitors are extremely important to the economy of Southwest Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Naples Daily News, March 22, 2012). Hotel occupancy data for February in two consecutive years are as follows. Current Previous Year Year Осcupied 1470 1458 Rooms Total Rooms 1750 1800 a. Formulate the hypothesis test that can be used to determine if there has been an increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of hotel rooms occupied each year? c. Using a .05 level of significance, what is your hypothesis test conclusion? What is the p-value? d. What is the 95% confidence interval estimate of the change in occupancy for the one-year period? Do you think area officials would be pleased with the results? Privacy - Terms
Transcribed Image Text:11:31:45 65% = bartleby E Q&A I 8 Math / Statistics / S. / Winter visitors are extremely importa... : Winter visitors are extremely importa... Winter visitors are extremely important to the economy of Southwest Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Naples Daily News, March 22, 2012). Hotel occupancy data for February in two consecutive years are as follows. Current Previous Year Year Осcupied 1470 1458 Rooms Total Rooms 1750 1800 a. Formulate the hypothesis test that can be used to determine if there has been an increase in the proportion of rooms occupied over the one-year period. b. What is the estimated proportion of hotel rooms occupied each year? c. Using a .05 level of significance, what is your hypothesis test conclusion? What is the p-value? d. What is the 95% confidence interval estimate of the change in occupancy for the one-year period? Do you think area officials would be pleased with the results? Privacy - Terms
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