An airline company wishes to know the proportion of business class travelers flying the Kuala Lumpur-to-Hong Kong route. In a random sample of 350 passengers, 190 are business class passengers. a. Determine the point estimate of the true proportion of business class passengers. b. Construct a 95% confidence interval estimate of the average waiting time for all customers. c. Construct a 99% confidence interval estimate of the average waiting time for all customers. d. Referring to b) and c), what will happen to the width of confidence interval?
An airline company wishes to know the proportion of business class travelers flying the Kuala Lumpur-to-Hong Kong route. In a random sample of 350 passengers, 190 are business class passengers. a. Determine the point estimate of the true proportion of business class passengers. b. Construct a 95% confidence interval estimate of the average waiting time for all customers. c. Construct a 99% confidence interval estimate of the average waiting time for all customers. d. Referring to b) and c), what will happen to the width of confidence interval?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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An airline company wishes to know the proportion of business class travelers flying the Kuala Lumpur-to-Hong Kong route. In a random sample of 350 passengers, 190 are business class passengers.
a. Determine the point estimate of the true proportion of business class passengers.
b. Construct a 95% confidence
c. Construct a 99% confidence interval estimate of the average waiting time for all customers.
d. Referring to b) and c), what will happen to the width of confidence interval?
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