MCQs In Statistics …
The tourist industry is subject to enormous seasonal variation. A hotel in North Queensland has recorded its occupancy rate for each quarter during the past 5 years. These data are shown in the accompanying table. Table 1: Occupancy rate Year 2004 2005 2006 2007 2008 Quarter 1 0.261 0.295 0.312 0.362 0.396 Quarter 2 0.302 0.324 0.345 0.388 0.418 Quarter 3 0.502 0.568 0.598 0.696 0.782 Quarter 4 0.568 0.615 0.698 0.738 0.802 QUESTION 35 What is the...