Math Problem Statement
You are the operations manager for an airline and you are considering a higher fare level for passengers in aisle seats. How many randomly selected air passengers must you survey? Assume that you want to be
90%confident that the sample percentage is within 3.5 percentage points of the true population percentage. Complete parts (a) and (b) below.
Question content area bottom
Part 1
a. Assume that nothing is known about the percentage of passengers who prefer aisle seats.nequals=enter your response here
(Round up to the nearest integer.)
Part 2
b. Assume that a prior survey suggests that about 38% of air passengers prefer an aisle seat.
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Proportion Estimation
Sample Size Determination
Formulas
n = (Z^2 * p * (1 - p)) / E^2
Theorems
Central Limit Theorem
Suitable Grade Level
College/University Level (Statistics or Business Management)
Related Recommendation
Confidence Interval and Sample Size Estimation for Frequent Flyer Program Preferences
Sample Size Estimation for Proportion with 99% Confidence and 0.03 Margin of Error
99% Confidence Interval for Population Proportion in Student Poll
Proportion Estimation with Margin of Error and Confidence Level
Population Proportion Point Estimate and Confidence Interval Calculation