Mean percentage of reservations canceled on day of flights

Assignment Help Basic Statistics
Reference no: EM13133989

A 90% confidence interval for the mean percentage of airline reservations being canceled on the day of the flight is (1.2%,4.5%). What is the point estimate of the mean percentage of reservations canceled on the day of the flight?

Reference no: EM13133989

Questions Cloud

What molarity will the resulting solution nacl have : If 200ml of 2.00M HCL solution is added to 400ml of 1.00M NaOH solution What molarity will the resulting solution NaCl have?
What is current marginal tax rate : Using the U.S. tax rate schedule, how much federal tax will he owe? What is his average tax rate? What is his effective tax rate? What is his current marginal tax rate?
What amount would the investment grow in 3 years : Chris Spear invested $11,734 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually?
How many moles of electrons are transferred : 4 HNO3(aq) + Cu(s) => Cu(NO3)2(aq) + 2 H2O(l) + 2 NO2(g) Considering which elements are being oxidized and reduced, determine
Mean percentage of reservations canceled on day of flights : Canceled on the day of the flight is (1.2%,4.5%). What is the point estimate of the mean percentage of reservations canceled on the day of the flight?
Warranty expenditures throughout the year : In the current year, Hanna Company reported warranty expense of $190,000 and the warranty liability account increased by $20,000. What were warranty expenditures during the year?
Describe how you would change it to facilitate efficiency : Create a chart of accounts for a small business. If you are currently working in the accounting field, you may use the chart of accounts from your business as the basis of your work. Include your explanation of the structure.
How many photons strike the leaf every second : A green leaf has surface area 2.20 cm^2. If solar radiation is 1190 W/(m^2) , how many photons strike the leaf every second? Assume three significant figures and an average wavelength of 504 nm for solar radiation.
How should the plant manager proceed with this request : The supervisor of the Logistic's Department has suggested to the plant manager that a new machine costing $285,000 be purchased to improve material handling operations for the plant's newest product line. How should the plant manager proceed with ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Error-sample mean and population mean

The error between the sample mean and the population mean for a sample of n = 16 is 5 points and the error between a sample men and population mean for a sample of n = 100 is 2 points. Explain the difference in the standard error??

  Significance differences among the population mean

Using α = .05 test for significance differences among the population mean wasted time for theses three urban areas. What is the p-value? What is your conclusion?

  Probability for defective random sample

Suppose 1.5 percent of the antennas on new Nokia cell phones are defective. For a random sample of 200 antennas, find the probability that:

  Proportion of observed variation in hardness

What proportion of observed variation in hardness can be explained by the simple linear regression model relationship between hardness and elapsed time? (Give the answer to three decimal places.)

  Margin of error in claim majority

Suppose a recent poll of 1,000 people sets forth that 51% of Americans support the U.S. government's "War on Drugs." This poll is shown to have a margin of error of 2%.

  How data point significant difference between two treatments

Second treatment had M = 52 with s^2 = 36. Do these data point to significant difference between two treatments? Use the two-tailed test with α = .05.

  Probability of a type one error-z test statistic

It is suspected that the mean turnover has changed and is not 6.0. Use the .05 significance level.

  Sample size determination

A member of Congress wants to determine her popularity in a certain part of the state. She indicates that the proportion of voters who will vote for her must be estimated within plus or minus 2 percent of the population proportion.

  Normally distributed population

Suppose that an IQ test was given to a large group of persons, the scores are assumed to be from a normally distributed population, that mean = 100 and s (standard deviation) = 15.

  Weekly salaries of teachers-normal distribution

The weekly salaries of teachers in one state are normally distributed with mean of $490 and standard deviation of $45. Determine the probability that a randomly selected teacher earns more than $525 per week?

  Hypothesis testing for mean and proportion

a random sample of 100 doctors was selected. Suppose you reject the null hypothesis. What conclusion can you draw?

  Analysis of variance mean

What does analysis of variance mean? One of the students answers this question as follows:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd