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    Occupancy Data

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    phewphewphew200
    This document contains regression analysis results for predicting hotel occupancy based on advance bookings. The regression model has an R-squared value of 0.39, indicating that 39% of the variability in occupancy is explained by advance bookings. Advance bookings is a statistically significant predictor of occupancy, with each additional booking correlating with an increase of 0.86 occupancy on average. A residual plot shows that most residuals fall within the 95% confidence intervals, but there are some outliers more than 50 occupancy units from the predicted values.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd

    Occupancy Data

    Uploaded by

    phewphewphew200
    21 views5 pages
    This document contains regression analysis results for predicting hotel occupancy based on advance bookings. The regression model has an R-squared value of 0.39, indicating that 39% of the variability in occupancy is explained by advance bookings. Advance bookings is a statistically significant predictor of occupancy, with each additional booking correlating with an increase of 0.86 occupancy on average. A residual plot shows that most residuals fall within the 95% confidence intervals, but there are some outliers more than 50 occupancy units from the predicted values.

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    This document contains regression analysis results for predicting hotel occupancy based on advance bookings. The regression model has an R-squared value of 0.39, indicating that 39% of the variability in occupancy is explained by advance bookings. Advance bookings is a statistically significant predictor of occupancy, with each additional booking correlating with an increase of 0.86 occupancy on average. A residual plot shows that most residuals fall within the 95% confidence intervals, but there are some outliers more than 50 occupancy units from the predicted values.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    21 views5 pages

    Occupancy Data

    Uploaded by

    phewphewphew200
    This document contains regression analysis results for predicting hotel occupancy based on advance bookings. The regression model has an R-squared value of 0.39, indicating that 39% of the variability in occupancy is explained by advance bookings. Advance bookings is a statistically significant predictor of occupancy, with each additional booking correlating with an increase of 0.86 occupancy on average. A residual plot shows that most residuals fall within the 95% confidence intervals, but there are some outliers more than 50 occupancy units from the predicted values.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 5

    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.624160968520832
    R Square 0.389576914624863
    Adjusted R Square 0.371623294466771
    Standard Error 50.7655388802441
    Observations 36

    ANOVA
    df SS MS F Significance F
    Regression 1 55921.55 55921.55 21.69907 4.74E-05
    Residual 34 87622.76 2577.14
    Total 35 143544.3

    Coefficients Standard Error t Stat P-value Lower 95%Upper 95%


    Intercept 183.458378915048 44.85218 4.090289 0.00025 92.30778 274.609
    Advance Bookings 0.860395848463399 0.184705 4.658226 4.74E-05 0.485031 1.235761

    RESIDUAL OUTPUT

    Observation Predicted Kahana Occupancy Residuals


    1 355.537548607728 -47.53755
    2 398.557341030898 72.44266
    3 398.557341030898 0.442659
    4 334.027652396143 38.97235
    5 342.631610880777 37.36839
    6 338.32963163846 34.67037
    7 441.577133454067 42.42287
    8 398.557341030898 39.44266
    9 398.557341030898 0.442659
    10 428.671195727117 48.3288
    11 355.537548607728 11.46245
    12 329.725673153826 -53.72567
    13 402.859320273215 -87.85932
    14 355.537548607728 37.46245
    15 441.577133454067 29.42287
    16 355.537548607728 63.46245
    17 389.953382546264 42.04662
    18 359.839527850045 78.16047
    19 454.483071181018 -3.483071
    20 411.463278757849 46.53672
    21 398.557341030898 7.442659
    22 364.141507092362 60.85849
    23 407.161299515531 -79.1613
    24 342.631610880777 -47.63161
    25 407.161299515531 -79.1613
    26 441.577133454067 -48.57713
    27 415.765258000166 3.234742
    28 445.879112696384 -78.87911
    29 398.557341030898 -12.55734
    30 398.557341030898 33.44266
    31 420.067237242483 17.93276
    32 445.879112696384 25.12089
    33 312.517756184558 -62.51776
    34 424.3692164848 -70.36922
    35 334.027652396143 -52.02765
    36 342.631610880777 -47.63161
    Advance Bookings Residual Plot
    100
    80

    Residuals
    60
    40
    20
    0
    -20140 160 180 200 220 240 260 280 300 320 340
    -40
    -60
    Lower 95.0%
    Upper 95.0% -80
    Advance Bookings
    92.30778 274.609 -100
    0.485031 1.235761
    Bookings-Occupancy Data

    Month Advance Bookings Kahana Occupancy


    Jan-99 200 308
    Feb-99 250 471
    600
    Mar-99 250 399
    Apr-99 175 373
    500
    May-99 185 380
    Jun-99 180 373 400
    f(x) = 0.860395848
    R² = 0.3895769146
    Jul-99 300 484
    Aug-99 250 438 300
    Sep-99 250 399
    Oct-99 285 477 200
    Nov-99 200 367
    Dec-99 170 276 100
    Jan-00 255 315
    Feb-00 200 393 0
    140 160 180
    Mar-00 300 471
    Apr-00 200 419
    May-00 240 432
    Jun-00 205 438
    Jul-00 315 451
    Aug-00 265 458
    Sep-00 250 406
    Oct-00 210 425
    Nov-00 260 328
    Dec-00 185 295
    Jan-01 260 328
    Feb-01 300 393
    Mar-01 270 419
    Apr-01 305 367
    May-01 250 386
    Jun-01 250 432
    Jul-01 275 438
    Aug-01 305 471
    Sep-01 150 250
    Oct-01 280 354
    Nov-01 175 282
    Dec-01 185 295

    491467233.xls 09/19/2020 p. 4/5


    Bookings-Occupancy Data

    600

    500

    f(x) = 0.860395848463398 x + 183.458378915048


    400 R² = 0.389576914624864

    300

    200

    100

    0
    140 160 180 200 220 240 260 280 300 320 340

    491467233.xls 09/19/2020 p. 5/5

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