Winter visitors are extremely important to the economy of Southwest Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity. Hotel occupancy data for February in two consecutive years are as follows. current year previous year occupied rooms 1470 1458 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 0.05 level of significance, what is your hypothesis test conclusion? What is the p-value?
Winter visitors are extremely important to the economy of Southwest Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity. Hotel occupancy data for February in two consecutive years are as follows. current year previous year occupied rooms 1470 1458 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 0.05 level of significance, what is your hypothesis test conclusion? What is the p-value?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Winter visitors are extremely important to the economy of Southwest Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity. Hotel occupancy data for February in two consecutive years are as follows.
| current year | previous year | |
| occupied rooms | 1470 | 1458 |
| 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 0.05 level of significance, what is your hypothesis test conclusion? What is the p-value?
d.) What is the 95% confidence
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