Answer:
The average occupancy rate for the past three nights is of 86.49%.
Step-by-step explanation:
We want to find the average occupancy rate, as a percentage.
You've sold 101 rooms, 98 rooms, and 102 rooms over the past 3 days.
So the mean number of rooms sold during the past 3 days is given by:
[tex]A = \frac{101 + 98 + 102}{3} = \frac{301}{3} = 100.33[/tex]
Average rate:
[tex]R = \frac{100.33*100}{116} = 86.49[/tex]
The average occupancy rate for the past three nights is of 86.49%.
