Use the given data to find the minimum sample size required to estimate a population proportion or percentage. You are t
Posted: Mon Sep 06, 2021 7:12 am
Use the given data to find the minimum sample size required to
estimate a population proportion or percentage. You are the
operations manager for American Airlines and you are considering a
higher fare level for passengers in aisle seats. You want to
estimate the percentage of passengers who now prefer aisle seats.
How many randomly selected air passengers must you survey? Assume
that you want to be 95% confident that the sample percentage is
within 2.5 percentage points of the true population percentage.
Assume that a prior survey suggests that about 38% of air
passengers prefer an aisle seat.
estimate a population proportion or percentage. You are the
operations manager for American Airlines and you are considering a
higher fare level for passengers in aisle seats. You want to
estimate the percentage of passengers who now prefer aisle seats.
How many randomly selected air passengers must you survey? Assume
that you want to be 95% confident that the sample percentage is
within 2.5 percentage points of the true population percentage.
Assume that a prior survey suggests that about 38% of air
passengers prefer an aisle seat.