Question

An airline recently polled all of its loyalty card customers and discovered that 22.5% are planning...

An airline recently polled all of its loyalty card customers and discovered that 22.5% are planning on taking a vacation this year. A flight scheduler for the airline takes a simple random sample of 144 customers. With a 30% chance, the scheduler's sample proportion will be no greater than what value of p̂ ?

z​ - score =

standard deviation =

sample proportion=

Homework Answers

Answer #1

Solution :

z score = ( - ) / = (0.30 - 0.225) / 0.0348 = 2.16

= p * (1-p) / n = 0.225 * 0.775 / 144 = 0.0348

sample proportion = 0.30

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
One of the characteristics of a credit card is the average outstanding balance. A group of...
One of the characteristics of a credit card is the average outstanding balance. A group of researchers wants to estimate the average outstanding balance using a randomly selected sample of 60 customers. The average monthly balance of the sample is calculated as $1531.43. Construct and interpret a 90% confidence interval for the average outstanding balance assuming that the population standard deviation is $2514. Procedure: Select an answer One proportion Z procedure One mean T procedure One variance χ² procedure One...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT