Benefits-disadvantages of employing sampling in application

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You are employed with Northeast Airlines and have been asked to find out rate of on-time arrivals for four competing airlines at proposed hub location. At present Northeast ranks in top three for on-time arrivals with average on-time arrival rate of 82%. Company wishes to exceed on-time rate of competitors at new hub. Hundreds of flights arrive at location daily. Determine the main advantages and disadvantages of employing sampling in application?

Reference no: EM13108807

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