Airline companies recognize that empty seats represent lostrevenues that can never be recovered. To avoid losingrevenues, the companies often book more passengers thanthere are seats. Then, when a flight experiences fewer no-shows than expected, some passengers are "bumped" fromtheir flights (are denied boarding). Incentives are provided toencourage passengers to give up their reserved seatvoluntarily, but occasionally some passengers areinvoluntarily bumped from the flight. Obviously, theseincidents can reflect poorly on customer satisfaction.Suppose Southwest Airlines would like to estimate the trueproportion of involuntarily bumped passengers across alldomestic flights in the industry. In a pilot sample of 55domestic passengers, 5 were involuntarily bumped from theirflights. Determine the sample size needed to construct a98% confidence interval with a margin of error no more than5% to estimate the true proportion of involuntarily bumpedpassengers. Which of the following is the needed samplesize?O 5505100180

From the provided information, In a pilot sample 55 domestic passengers, 5 were involuntarily bumped…

Answered: Airline companies recognize that empty…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A serious side effect of allergy medicines is that they cause drowsiness, which can cause many problems for the individuals taking them. In recent years, a new non-drowsy allergy medicine has been developed. The company that created the medicine claims to be the first, once-a-day, non-drowsy allergy medicine (call it Medicine A). An independent research group wanted to check on this claim by comparing medicine A with another allergy medicine not advertised as non-drowsy (call it Medicine B). A random sample of 3,193 allergy sufferers was selected and each individual was randomly assigned to take either Medicine A or Medicine B. From the Medicine A group, 114 of 1,604 reported drowsiness and from the Medicine B group, 155 of 1,589 reported drowsiness. Calculate and label the two sample proportions separately. Next, calculate the difference between these sample proportions by subtracting (Medicine A – Medicine B). Complete these calculations by hand, label each of them, and…
Inspired by the example about how background music influences choice of entrée at a restaurant, a statistics student decided to investigate other ways to influence a person's behavior. Using 60 volunteers, she randomly assigned 20 volunteers to get a "red" survey, 20 volunteers to get a "blue" survey, and 20 volunteers to get a control survey. The first three questions on each survey were the same, but the fourth and fifth questions were different. For example, the fourth question on the "red" survey was "When you think of the color red, what do you think about?" On the blue survey, the question replaced red with blue. On the control survey, the last two questions were not about color. As a reward, each volunteer was allowed to choose a chocolate candy in a red wrapper or a chocolate candy in a blue wrapper. The table shows the result of the experiment. We want to test Ho: The distribution of candy choice is the same for subjects like these who receive the red survey, the blue survey,…
There are several risks and costs associated with the airline's decision to overbook flights. If too many passengers show up, the airline may need to offer incentives for customers to give up their seats, which can be costly. If too few passengers show up, the airline may be forced to fly with empty seats, resulting in lost revenue. Furthermore, overbooking can lead to negative publicity and damage to the airline's reputation if too many customers are bumped from their flights. In terms of strategy, the airline must weigh the potential benefits of overbooking (maximizing revenue by filling as many seats as possible) against the potential risks and costs. The airline may also consider adjusting its overbooking policy based on factors such as the route, time of day, and historical data on no-show rates for specific flights. Overall, effective demand forecasting and capacity planning are crucial for the airline to optimize its operations and profitability while minimizing negative…
Kentville, a community of 10,000 people, resides next to a krypton mine, and there is a concern that the emission from the krypton smelter have resulted in adverse effects. Specifically, Kryptonosis seems to have killed 12 of Kentville’s inhabitants last year. A neighboring community, Lanesburg, has 25,000 inhabitants and is far enough from the smelter to not be affected by the emission. In Lanesburg, only three people last year died of Kryptonosis. Given that the number of deaths in Kentville and their causes last year were: Heart attack=7 Accidents=4 Kryptonosis=12 Other=6 What is the risk of dying of Kryptonosis in Kentville relative to non-contaminated locality?What is the risk of dying of Kryptonosis in Kentville relative to deaths due to other causes? How many times the chance of dying of Kryptonosis compared to dying of accidents ? How many times the chance of dying of Kryptonosis compared to Other causes?
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2017, 9 of the 30 stocks making up the DJIA increased in price. On the basis of this fact, a financial analyst claims we can assume that 55% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 79 stocks traded on the NYSE that day showed that 48 went up. You are conducting a study to see if the proportion of stocks that went up is significantly different from 55%. You use a significance level of a = 0.025. 1. For this study, we should use Select an answer 2. The null and alternative hypotheses would be: Ho:? v Select an answer v (please enter a decimal) Hi:? vSelect an answer v (Please enter a decimal) 3. The test statistic (please show your answer to 3 decimal places.) 4. The p-value = (Please show your answer to 4 decimal places.) 5. The p-value is ? va 6. Based on this, we should Select an…
Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the restaurant (as opposed to ordering the food "to go"), so it can make decisions regarding the possible construction of in-store play areas, the attendance of its mascot Sammy at the franchise locations, and so on. Anita's reports that 45% of its customers order their food to go. If this proportion is correct, what is the probability that, in a random sample of 5 customers at Anita's, exactly 3 order their food to go?
Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the restaurant (as opposed to ordering the food "to go"), so it can make decisions regarding the possible construction of in-store play areas, the attendance of its mascot Sammy at the franchise locations, and so on. Anita's reports that 45% of its customers order their food to go. If this proportion is correct, what is the probability that, in a random sample of 4 customers at Anita's, exactly 3 order their food to go? Round your response to at least three decimal places. (If necessary, consult a list of formulas.)
Part 1: The state of Maryland's arrest rate for marijuana possession in 2010 was the fourth highest in the nation. Public records for that year show that police arrested one out of every 250 Maryland residents for possession of marijuana. In addition, while Black people only comprised 30% of the State's population in 2010, 58% of those arrested for marijuana possession were Black. Use the following labels for events describing Maryland residents in the year 2010. M-AMP: Maryland resident was arrested for marijuana possession M-B: Maryland resident was a Black person a) What is the probability that a Maryland resident was arrested for marijuana possession in 2010? b) Use probability notation to express the cited percent values. 30% = P( 58% = P( c) Which of the values cited should be compared to determine whether race and arrests for marijuana possession in the state of Maryland in 2010 are independent?
Having a brother increases one's monthly earnings by $200." Why is this an example of an incomplete causal statement?
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2017, 9 of the 30 stocks making up the DJIA increased in price.On the basis of this fact, a financial analyst claims we can assume that 54% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 74 stocks traded on the NYSE that day showed that 35 went up. You are conducting a study to see if the proportion of stocks that went up is significantly smaller than 54%. You use a significance level of α=0.05α=0.05. how to you come up with the test statistic and p value using excel
Psychologists Erik Erikson suggested that individuals go through eight developmental stages of life. Erikson believed that at stage 8 (age 65 to death), an adult's fear of death can be predicted by the satisfaction they feel when reflecting back on their lives. To investigate, a psychiatrist interviewed a random sample of adults age 65 and older, and scored them on their satisfaction with their lives and their fear of death. The psychiatrist wants to confirm Erikson's theory. What can be concluded with a = 0.01? fear of death satisfied 4 3 4 2 2 10 3 2 4 7 3 4 8. 4 a) Select and compute the appropriate statistic. ---Select--- b) Input the appropriate value(s) to make a decision about Ho. p-value X ; Decision: Fail to reject H0 v c) Using the SPSS results, compute the corresponding effect size(s) and indicate magnitude(s). If not appropriate, input and/or select "na" below.. Effect Size = 0.266 ; Magnitude: na d) Make an interpretation based on the results. More life satisfaction…
The Conch Café, located in Gulf Shores, Alabama, features casual lunches with a great view of the Gulf of Mexico. To accommodate the increase in business during the summer vacation season, Fuzzy Conch, the owner, hires a large number of servers as seasonal help. When he interviews a prospective server, he would like to provide data on the amount a server can earn in tips. He believes that the amount of the bill and the number of diners are both related to the amount of the tip. He gathered the following sample information. Customer Amount of Tip Amount of Bill Number of Diners Customer Amount of Tip Amount of Bill Number of Diners 1 $ 7.00 $ 48.97 5 16 $ 3.30 $ 23.59 2 2 4.50 28.23 4 17 3.50 22.30 2 3 1.00 10.65 1 18 3.25 32.00 2 4 2.40 19.82 3 19 5.40 50.02 4 5 5.00 28.62 3 20 2.25 17.60 3 6 4.25 24.83 2 21 5.50 44.47 4 7 0.50 6.24 1 22 3.00 20.27 2…

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