Gross income

by | Aug 17, 2021 | Assignment

A suburban hotel derives its gross income from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied.(c-1)State the decision rule for 0.10 significance level: H0: ? ? 0; H1: ? > 0. (Round your answer to 3 decimal places.)Reject Ho if t>(c-2)Compute the value of the test statistic. (Round your answer to 2 decimal places.)Value of the test statistic

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