56. Cincinnati/Northern Kentucky International Airport had the second highest on-time arrival rate for 2005 among the nations

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56. Cincinnati/Northern Kentucky International Airport had the second highest on-time arrival rate for 2005 among the nation’s busiest airports (The Cincinnati Enquirer, February 3, 2006). Assume the findings were based on 455 on-time arrivals out of a sample of 550 flights.

a. Develop a point estimate of the on-time arrival rate (proportion of flights arriving on time) for the airport.

b. Construct a 95% confidence interval for the on-time arrival rate of the population of all flights at the airport during 2005.

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Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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