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

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You may need to use the appropriate appendix table or technology to answer this question. The increasing annual cost (including tuition, room, board, books, and fees) to attend college has been widely discussed (Time.com). The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars. Private Colleges Public Colleges 52.8 44.2 45.0 33.3 44.0 20.3 22.0 28.2 15.6 24.1 28.5 31.6 44.8 36.8 50.5 43.0 22.8 25.8 18.5 25.6 14.4 21.8 (a) Compute the sample mean (in thousand dollars) and sample standard deviation (in thousand dollars) for private colleges. (Round the standard deviation to two decimal places.) sample mean $ 42.6 v thousand sample standard deviation $ 6.85 v thousand Compute the sample mean (in thousand dollars) and sample standard deviation (in thousand dollars) for public colleges. (Round the standard deviation to two decimal places.) v thousand v thousand sample mean $ 22.3 sample standard deviation $ 4.53 (b) What…

Dixie Showtime Movie Theaters, Inc., owns and operates a chain of cinemas in several markets in the southern U.S. The owners would like to estimate weekly gross revenue as a function of advertising expenditures. Data for a sample of eight markets for a recent week follow. Market Mobile Shreveport Jackson Birmingham Little Rock Biloxi New Orleans Baton Rouge Weekly Gross Revenue Television Advertising Newspaper Advertising ($100s) 101.3 51.9 74.8 126.2 137.8 101.4 237.8 219.6 ($100s) 5.0 3.0 4.0 4.3 3.6 3.5 5.0 6.9 + (a) Use the data to develop an estimated regression equation with the amount of television advertising as the independent variable. Let x represent the amount of television advertising. If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300) ŷ ($100s) 1.5 3.0 1.5 4.3 4.0 2.3 8.4 5.8 X Test for a significant relationship between television advertising and weekly…