Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over

image text in transcribed
Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. To accomplish this, the records of 250 flights are randomly selected and the number of unoccupied seats is noted for each of the sampled flights. The sample mean is 11.2 seats and the sample standard deviation is 4.1 seats. NOTE: If you are using a Student's tdistribution, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) Construct a 92% confidence interval for the population average number of unoccupied seats per flight. (i) State the confidence interval. (Round your answers to two decimal places.) (:ll:l) (ii) Sketch the graph. %= Cl c_L_=:i 522:1 :1 :1 (iii) Calculate the error bound. (Round your answer to two decimal places.) :l kl

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus (Subscription)

Authors: Michael Sullivan

9th Edition

0321830695, 9780321830692

More Books

Students also viewed these Mathematics questions

Question

Why are claims paid in this order?

Answered: 1 week ago

Question

Identify three ways in which rationalism differs from empiricism.

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago