Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its avera 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 m is 11.3 seats and the sample standard deviation is 4.5 seats. Construct a 92% confidence interval for the population mean number of unoccupied seats per flight. State the confidence interval. (Round your answers to two decimal places.) а. b. Calculate the error bound. (Round your answer to two decimal places.)
Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its avera 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 m is 11.3 seats and the sample standard deviation is 4.5 seats. Construct a 92% confidence interval for the population mean number of unoccupied seats per flight. State the confidence interval. (Round your answers to two decimal places.) а. b. Calculate the error bound. (Round your answer to two decimal places.)
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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Given Information:
a)
Confidence level=92%
Significance level=1-0.92=0.08
Degrees of freedom=n-1=250-1=249
t critical value, t=1.7579, from the excel function, =T.INV.2T(0.08,249)
92% confidence interval:
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