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A hotel's monthly occupancy rate (measured as a percentage of rooms available) is reported as follows for a 10-month period:
Months
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Occupancy (%)
74
82
70
90
88
64
69
58
65
(a) Produce a line graph of the hotel's occupancy rate per month.
(b) Fit a least squares trendline to the hotel occupancy rate data.
(c) What is the trend estimate of the hotel's occupancy rate for July and August? Comment on your findings.
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