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

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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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