Vacation occupancy rates were expected to be up during March 2008 in Myrtle Beach
Vacation occupancy rates were expected to be up during March 2008 in Myrtle Beach; SC. Data in the file occupancy will allow you to replicate the findings presented in the newspaper. The data show units rented and not rented for a random sample of vacation properties during the first week of March 2007 to March 2008.
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Order Paper Nowa. Estimate the proportion of units rented during the first week of March 2007 and the first week of March 2008.
b. Provide a 95% confidence interval for the difference in proportions.
c. On the basis of your findings, does it appear March rental rates for 2008 will be up from those a year earlier?
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