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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 (Urlando Sentinel). Hotel occupancy data 18F FeDrualy n LWU LUIISULOIVE yeais aIE Current Year Previous Year Occupied Rooms 1,470 1,458 Total 1,750 1,800 Rooms (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. (Let p, = population proportion of rooms occupied for current year and P2 = population proportion of rooms occupied for previous year.) Ho: P1-P220 Hai P1- P2 0 Ho: P1- P25 0 H P1- P2 > 0 o Ho: P1- P2 < 0 H: P1 P2 = 0 Ho: P1-P2 = 0 H: P1-P2 0 o Ho: P1-P2 o H P1-P2 = 0 (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) p-value = Using a 0.05 level of significance, what is your hypothesis test conclusion? O Do not reject Ho: There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Do not reject Ho. There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is insufficient evidence to conclude that

Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Urlando Sentinel). Hotel occupancy data 18F FeDrualy n LWU LUIISULOIVE yeais aIE Current Year Previous Year Occupied Rooms 1,470 1,458 Total 1,750 1,800 Rooms (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. (Let p, = population proportion of rooms occupied for current year and P2 = population proportion of rooms occupied for previous year.) Ho: P1-P220 Hai P1- P2 0 Ho: P1- P25 0 H P1- P2 > 0 o Ho: P1- P2 < 0 H: P1 P2 = 0 Ho: P1-P2 = 0 H: P1-P2 0 o Ho: P1-P2 o H P1-P2 = 0 (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) p-value = Using a 0.05 level of significance, what is your hypothesis test conclusion? O Do not reject Ho: There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Do not reject Ho. There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is insufficient evidence to conclude that

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 Sentinel). Hotel occupancy data for February in two consecutive years are as follows Current Year Previous Year Осcupied Rooms 1,470 1,458 Total 1,750 1,800 Rooms (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. (Let p, population proportion of rooms occupied for current year and P2 = population proportion of rooms occupied for previous year.) Ho: P1-P22 0 H: P1- P2<0 Ho P1- P23 0 Hi P1- P2 > 0 Ho: P1- P2 0 Hai P1 P2 = 0 Ho: P1- P2 = 0 H P1- P2 0 Ho: P1- P2 # 0 Hi P1- P2 = 0 (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) p-value Using a 0.05 level of significance, what is your hypothesis test conclusion? O Do not reject H There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Do not reject Ho There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject H: There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate.
Transcribed Image Text:Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel). Hotel occupancy data for February in two consecutive years are as follows Current Year Previous Year Осcupied Rooms 1,470 1,458 Total 1,750 1,800 Rooms (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. (Let p, population proportion of rooms occupied for current year and P2 = population proportion of rooms occupied for previous year.) Ho: P1-P22 0 H: P1- P2<0 Ho P1- P23 0 Hi P1- P2 > 0 Ho: P1- P2 0 Hai P1 P2 = 0 Ho: P1- P2 = 0 H P1- P2 0 Ho: P1- P2 # 0 Hi P1- P2 = 0 (b) What is the estimated proportion of hotel rooms occupied each year? current previous (c) Calculate the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) p-value Using a 0.05 level of significance, what is your hypothesis test conclusion? O Do not reject H There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject Ho: There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Do not reject Ho There is sufficient evidence to conclude that there has been an increase in the hotel occupancy rate. O Reject H: There is insufficient evidence to conclude that there has been an increase in the hotel occupancy rate.
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