Find expert answers and community-driven knowledge on IDNLearn.com. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.

MINDTAP

Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 2018). Hotel occupancy data for February in two consecutive years are as follows:

\begin{tabular}{lcc}
& Current Year & Previous Year \\
Occupied Rooms & 1,435 & 1,501 \\
Total Rooms & 1,750 & 1,900 \\
\end{tabular}

a. Formulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period.

Let [tex]$p_1 =$[/tex] population proportion of rooms occupied for the current year
[tex]$p_2 =$[/tex] population proportion of rooms occupied for the previous year

[tex]\[
\begin{array}{l}
H_0: p_1 - p_2 \leq 0 \\
H_a: p_1 - p_2 \ \textgreater \ 0
\end{array}
\][/tex]

b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)?

- Current year: 0.82
- Previous year: 0.79

c. Conduct a hypothesis test. What is the [tex]$p$[/tex]-value (to 4 decimals)? Use Table 1 from Appendix B.

[tex]\[ \text{p-value} = \square \][/tex]

Using a 0.05 level of significance, what is your conclusion?

We [tex]$\square$[/tex] can conclude that there has been an increase in the hotel occupancy rate.

d. What is the [tex]$95\%$[/tex] confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)?

[tex]\[ 0.008 \, \text{to} \, 0.052 \][/tex]


Sagot :

Let's work through each of the parts of the problem step-by-step:

### Part (a): Formulate the Hypothesis Test

First, we need to determine the hypothesis to test whether there has been an increase in the proportion of rooms occupied over the one-year period.

- Let [tex]\( p_1 \)[/tex] be the population proportion of rooms occupied for the current year.
- Let [tex]\( p_2 \)[/tex] be the population proportion of rooms occupied for the previous year.

The hypotheses are:
[tex]\[ \begin{aligned} H_0: p_1 - p_2 \leq 0 & \quad \text{(no increase or a decrease in the proportion of rooms occupied)} \\ H_a: p_1 - p_2 > 0 & \quad \text{(an increase in the proportion of rooms occupied)} \end{aligned} \][/tex]

### Part (b): Estimated Proportion of Hotel Rooms Occupied Each Year

We need to calculate the estimated proportions:

Current Year:
The number of occupied rooms is 1,435 out of 1,750 total rooms.
[tex]\[ \hat{p}_1 = \frac{1,435}{1,750} = 0.82 \][/tex]

Previous Year:
The number of occupied rooms is 1,501 out of 1,900 total rooms.
[tex]\[ \hat{p}_2 = \frac{1,501}{1,900} = 0.79 \][/tex]

### Part (c): Conduct the Hypothesis Test

Step 1: Calculate the pooled proportion ([tex]\( \hat{p} \)[/tex])

The pooled proportion is calculated as:
[tex]\[ \hat{p} = \frac{\text{occupied rooms in current year} + \text{occupied rooms in previous year}}{\text{total rooms in current year} + \text{total rooms in previous year}} \][/tex]
[tex]\[ \hat{p} = \frac{1,435 + 1,501}{1,750 + 1,900} \][/tex]
[tex]\[ \hat{p} = \frac{2,936}{3,650} \][/tex]
[tex]\[ \hat{p} = 0.8041 \][/tex]

Step 2: Calculate the standard error

The standard error for the difference in proportions is given by:
[tex]\[ SE = \sqrt{\hat{p}(1 - \hat{p}) \left( \frac{1}{n_1} + \frac{1}{n_2} \right)} \][/tex]
[tex]\[ SE = \sqrt{0.8041 \cdot (1 - 0.8041) \left( \frac{1}{1,750} + \frac{1}{1,900} \right)} \][/tex]
[tex]\[ SE \approx 0.0132 \][/tex]

Step 3: Calculate the test statistic

The test statistic (z) is given by:
[tex]\[ z = \frac{\hat{p}_1 - \hat{p}_2}{SE} \][/tex]
[tex]\[ z = \frac{0.82 - 0.79}{0.0132} \][/tex]
[tex]\[ z \approx 2.27 \][/tex]

Step 4: Determine the p-value

Using the standard normal distribution table, we find the p-value corresponding to [tex]\( z \approx 2.27 \)[/tex]:

[tex]\[ \text{p-value} \approx 0.0116 \][/tex]

Decision Rule:

At a 0.05 significance level ([tex]\(\alpha = 0.05\)[/tex]):
- If the p-value is less than [tex]\(\alpha\)[/tex], we reject the null hypothesis [tex]\(H_0\)[/tex].

Since [tex]\( 0.0116 < 0.05 \)[/tex], we reject the null hypothesis.

Conclusion:

We conclude that there has been an increase in the hotel occupancy rate.

### Part (d): 95% Confidence Interval Estimate of the Change in Occupancy

To find the confidence interval for the difference in proportions:

The margin of error (ME) for the 95% confidence interval is calculated using:
[tex]\[ ME = z^ \cdot SE \][/tex]

For a 95% confidence interval, [tex]\( z^
= 1.96 \)[/tex]:
[tex]\[ ME = 1.96 \cdot 0.0132 \approx 0.0258 \][/tex]

The confidence interval is given by:
[tex]\[ (\hat{p}_1 - \hat{p}_2) \pm ME \][/tex]

Plugging in the values:
[tex]\[ (0.82 - 0.79) \pm 0.0258 \][/tex]
[tex]\[ 0.03 \pm 0.0258 \][/tex]
[tex]\[ (0.0042, 0.0558) \][/tex]

So, the 95% confidence interval estimate of the change in occupancy for the one-year period is approximately (0.0042, 0.0558).

Thus, we have provided a detailed step-by-step solution to the given problem, including formulating the hypothesis test, calculating proportions, conducting the hypothesis test, and determining the confidence interval.