Since the full reopening of the economy there has been a drastic increase in the number of
Fantastic news! We've Found the answer you've been seeking!
Question:
Since the full reopening of the economy there has been a drastic increase in the number of tourist arrivals to the island. Use the model below to provide inferences to the Jamaica Tourist Board:
= 700+ 2,000 + 1,504 + 2,890 +
(2.6008 ) (1.008) (1.7890) (1.1289)
= 3,000 2 = 0.47
: = , = ($), = (), = 1
.
i) Test the hypothesis at the 10% level of significance that as income increases by $1 the number of tourist arrivals will increase by 1,370.
Related Book For
Posted Date: