Stat2225 Assignment 5 Question 1 Solution
Use SGC wherever appropriate, make sure include the SGC output and graphs.
The following data report the occupancy rates (%) and average room rates ($) for the largest U.S. hotel markets (The Wall Street Journal Almanac 1998). We would like to know the linear relationship between the two rates with the occupancy rate in terms of average room rate.
Room Occupancy Average
Market Rate (%) Rate ($)
Los Angeles-Long Beach 67.9 75.91
Chicago 72.0 92.04
Washington 68.4 94.42
Atlanta 67.7 81.69
Dallas 69.5 74.76
San Diego 68.7 80.86
Anaheim-Santa Ana 69.5 70.04
San Francisco 78.7 106.47
Houston 62.0 66.11
Miami-Hialeah 71.2 85.83
Oahu Island 80.7 107.11
Phoenix 71.4 95.34
Boston 73.5 105.51
Tampa-St. Petersburg 63.4 67.45
Detroit 68.7 64.79
Philadelphia 70.1 83.56
Nashville 67.1 70.12
Seattle 73.4 82.60
Minneapolis-St. Paul 69.8 73.64
New Orleans 70.6 99.00
Stat2225 Assignment 5 Question 1 Solution
Multiple R 0.790285035 R Square 0.624550436 Adjusted R Square 0.603692127 Standard Error 2.713426001 Observations 20 ANOVA df SS MS F...
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