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)