Question

The weekly Hotel bi HB) per traveller for COVID-19 mandatory qua rantine accommodation and centres are in high demand in Accr

Table 2 Regressiopesulton Hotel BILI (HB) Variables Proh 0.889 0.78 AA AB AC AD AE AF AG AH N HB Coefficient 02:48 1.936 -1.6

the first photo is the beginning of the question and the next photo which begins with table 2: regression....., is the continuation of the question

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer to the question:

A]. In this case, the weekly hotel bill (HB) per traveller is considered as dependent variable and the variables such as, number of people in hotel (AA), number of rooms in a hotel (AB), Hotel age (AC), number of beds in a room (AD), Internet Connection (AE), Availability of washroom in a room (AF), Distance from hotel to airport (AG) and Traveller type (AH) are considered as independent variables.

B]. In this study, the weekly hotel bill (HB) per traveller is considered as dependent variable; because, in the regression, the variable of weekly hotel bill (HB) is regressed on the other independent variables; which includes number of people in hotel (AA), number of rooms in a hotel (AB), Hotel age (AC), number of beds in a room (AD), Internet Connection (AE), Availability of washroom in a room (AF), Distance from hotel to airport (AG) and Traveller type (AH).

C]. Yes, this study represents a case study. It basically deals with the case of higher demand of hotel bills during COVID-19 in Accra.

D]. In the regression analysis of this study, the variable- Availability of washroom in a room (AF) is significant at 1% level of significance.

E]. From the correlation matrix, it is seen that the variables of number of rooms in a hotel (AB) and Availability of washroom in a room (AF) has the weakest negative correlation (-0.189) at 5 per cent level of significance.

F]. The fitness of this model is not so sound as the value of R2 and adjusted R2 is very low; which are 38 and 31.4 respectively.

G]. The value of R2 in a regression model generally reflects how well the responsiveness of dependent variable is represented by the independent variables in a regression model. But it is observed that if we include more and more independent variables in a regression model, the value of R2 tends to get higher and higher. But it definitely reduces the degree of freedom in a model. Therefore the measure of adjusted R2 is introduced to address this issue. Adjusted R2 also reflects the fitness of a model by taking into considerations the number of independent variables.

However, as the values of R2 and adjusted R2 of the model are very low (38 and 31.4); thus we cannot say that the model is fitted very well.

H] Use of multiple regressions will be more appropriate in this case as this technique will serve the objective of the study more appropriately. This is because; correlation analysis between any two variables simply measures the degree of relationship between them but not the cause and effect relationship. But with the use of regression analysis, we can trace the cause and effect relationship between the variables. As the travellers want to know the impacts of various factors on weekly hotel bill, thus the use regression will be more useful than the use of correlation analysis.

I]. A suitable title could be given as “High demand of weekly hotel bills and COVID-19: Evidence from Accra”

J]. As this study incorporates various variables in its analysis, hence, there would be more than one null and alternative hypotheses. The null hypotheses are mentioned below:

H01: There exists no relation between HB and AA

H02: There exists no relation between HB and AB

H03: There exists no relation between HB and AC

H04: There exists no relation between HB and AD

H05: There exists no relation between HB and AE

H06: There exists no relation between HB and AF

H07: There exists no relation between HB and AG

H08: There exists no relation between HB and AH

Similarly, the alternative hypotheses are mentioned as follows:

HA1: There exist a relation between HB and AA

HA2: There exist a relation between HB and AB

HA3: There exist a relation between HB and AC

HA4: There exist a relation between HB and AD

HA5: There exist a relation between HB and AE

HA6: There exist a relation between HB and AF

HA7: There exist a relation between HB and AG

HA8: There exist a relation between HB and AH

K]. The hypotheses are non-directional as they do not take into consideration the direction of relationship between the variables; that is who will affect whom?

L]. The regression result shows us that the null hypotheses H01, H02 and H08 could not be rejected; or in other words, the variables AA, AB and AG has no significant relation with HB.

M]. On the basis of null and alternative hypotheses; we can conclude that the variables such as Hotel age (AC), number of beds in a room (AD), Internet Connection (AE), Availability of washroom in a room (AF) and Distance from hotel to airport (AG) has a significant relationship with the dependent variable of weekly hotel bill (HB). While, the variables such as number of people in hotel (AA), number of rooms in a hotel (AB) and Traveller type (AH) has no significant relationship with the variable of weekly hotel bill (HB).

Please rate this answer with a thumbs up. For any query regarding these answers, ask me in the comment section. Thank you.

Add a comment
Know the answer?
Add Answer to:
the first photo is the beginning of the question and the next photo which begins with...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in...

    The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill...

  • The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in...

    The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill...

  • BBA 442 BUSINESS RESEARCH... QUESTION THREE The weekly Hotel bill (HB) per traveller for COVID-19 mandatory...

    BBA 442 BUSINESS RESEARCH... QUESTION THREE The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered...

  • The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in...

    The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill...

  • The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in...

    The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID-19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill based...

  • The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in...

    The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill...

  • QUESTION THREE The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres...

    QUESTION THREE The weekly Hotel bill (HB) per traveller for COVID-19 mandatory quarantine accommodation and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID- 19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict...

  • and centres are in high demand in Accra due to the limited accommodation facilities for these...

    and centres are in high demand in Accra due to the limited accommodation facilities for these persons. Government may withdraw from taking care of the costs as expert say that the COVID-19 has come to stay with us similar to other diseases. For this reason, it has become imperative for travellers to carefully plan for their accommodation. Information has been gathered to help travellers predict hotel bill based on the following elements: number of people in a hotel (AA), number...

  • QUESTIONS TWO Coronavirus pandemic has affected businesses and all aspects of our lives globally. As a...

    QUESTIONS TWO Coronavirus pandemic has affected businesses and all aspects of our lives globally. As a recent occurrence, it has created the opportunity to stay a once-in-life-time moment of how companies function during an unprecedented COVID-19 pandemic period. Assume that your supervisor has approved for you to work on the on the topic "the mitigating strategies and policies used by high hit business organisation during COVID-19" for your Long Essay Project Work. A quick glance through the literature demonstrates that,...

  • Lovin-19 from care trewella per The Weekly Hotel bill (HB) mandatory quarantine accomodation and centres exe....

    Lovin-19 from care trewella per The Weekly Hotel bill (HB) mandatory quarantine accomodation and centres exe. In high demand in deara due to the limited accomodation faalities for these Government withdraw of the cast as expert say that the Covn 19 has tome to stay with us similar to other diseases for this reason, it has become imperative for travellen to Care fully plan for their accomodation. Information has been gathered to help travellers predict hotel bill based on the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT