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. The hotel data is located in the Course Resources section of Blackboard. Use a statistical software package to determine whether the breakfast revenue seems to increase as the number of occupied rooms increases. Draw a scatter diagram to supportĀ conclusion.
Discuss possible business implications of the results. What advertising strategies might suggest based on the data?