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A hotel's monthly occupancy rate (measured as a percentage of rooms available) is reported as follows for a 10-month period:

Months

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Occupancy (%)

74

82

70

90

88

74

64

69

58

65

(a) Produce a line graph of the hotel's occupancy rate per month.

(b) Fit a least squares trendline to the hotel occupancy rate data.

(c) What is the trend estimate of the hotel's occupancy rate for July and August? Comment on your findings.

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  • Category:- Statistics and Probability
  • Reference No.:- M91699402

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