Statistics

posted by .

For this assignment you are to imagine that you are part of a select marketing group. This select group has been asked to consider the Colorado City Convention and Visitors Bureau survey of 25 hotels in the local area. The survey is concerned with the current availability of rooms. The availability of the rooms was as follows:

90, 72, 75, 60, 75, 72, 84, 72, 88, 74, 105, 115, 68, 74, 80, 64, 414, 82, 48, 58, 60, 80, 48, 58, and 108.
Consider the average available. Identify the point estimate of the average number of available hotel rooms in this lesson from each sample. Construct and Interpret a 95% confidence level for the true mean number of available hotel rooms, based on the point estimate of each sample. Describe how the confidence intervals will change depending on whether the population standard deviation is known or unknown.

  • Statistics -

    Find the mean first = sum of scores/number of scores

    Subtract each of the scores from the mean and square each difference. Find the sum of these squares. Divide that by the number of scores to get variance.

    Standard deviation (SD) = square root of variance

    95% = mean ± 1.96 SEm

    SEm = SD/√n

    I'll let you do the calculations.

    From the equations above, you cannot estimate the confidence levels, if the SD is unknown.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Stats

    You are to imagine that you are part of a select marketing group. This group is to consider the Colorado City Convention and Vistitors Bureau survey of 25 hotels. The survey is concerned with the current availability of rooms. They …
  2. Stats

    You are to imagine that you are part of a select marketing group. This group is to consider the Colorado City Convention and Vistitors Bureau survey of 25 hotels. The survey is concerned with the current availability of rooms. They …
  3. business

    For this assignment you are to imagine that you are part of a select marketing group. This select group has been asked to consider the Colorado City Convention and Visitors Bureau survey of 25 hotels in the local area. The survey is …
  4. chemistry

    The "Chemistry in Focus" segment A Magnetic Moment discusses the ability to levitate a frog in a magnetic field because electrons, when sensing a strong magnetic field, respond by opposing it. This is called diamagnetism. Atoms that …
  5. business statistics

    This select group has been asked to consider the Colorado City Convention and Visitors Bureau survey of 25 hotels in the local area. The survey is concerned with the current availability of rooms. The availability of the rooms was …
  6. algebra :( help me!!

    The table below shows the weekly earnings of two groups of employees working part-time at a local grocery store. GROUP A: $245, $224, $218, $295, $214, $312, $284 GROUP B: $223, $230, $310, $246, $295, $301, $215 PART A: What is the …
  7. Algebra

    In this activity, you will design and conduct a survey. Select a topic for your survey. d. Are the people you surveyed representative of the group you want to study?
  8. Statistics

    The manufacturer of Sleepeze has asked you to test the effectiveness of the drug. You decide to test the effectiveness using the drug and a placebo. You select a select a group of 500 subjects and randomly assign them to either the …
  9. algebra

    What type of sampling is this: Group the students in a local college by year and then randomly select 15 students from each group.
  10. Health Care Statistics

    A census is defined as which of the following?

More Similar Questions