In a survey of 3,773 travelers, 1,509 said that location was very important for choosing a hotel

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In a survey of 3,773 travelers, 1,509 said that location was very important for choosing a hotel and 1,207 said that reputation was very important in choosing an airline. (Data extracted from "Travelers Get Stingy with Their Loyalty," USA Today, January 18, 2013, p. 8B.)

a. Construct a 95% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.

b. Construct a 95% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.

c. Write a short summary of the information derived from (a) and (b).

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Basic Business Statistics

ISBN: 9780321870025

13th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat

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