Question: (a) Use Excel functions to calculate the mean and standard deviation for weekend occupancy rates (percent) in nine resort hotels during the off-season. (b) What
(a) Use Excel functions to calculate the mean and standard deviation for weekend occupancy rates (percent) in nine resort hotels during the off-season.
(b) What conclusion would a casual observer draw about center and variability, based on your statistics?
(c) Now calculate the median for each sample.
(d) Make a dot plot for each sample.
(e) What did you learn from the medians and dot plots that was not apparent from the means and standard deviations?
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