Math Problem Statement

At the Heathrow Airport in London, England, an airport administrator believes that the proportion of delayed flights is 0.26 per day. What is the probability of selecting a sample of 50 flights on a particular day and finding the proportion is more than 0.40? Apply the Central Limit Theorem and find and interpret the probability in the exercise.

Note: Round z-value to 2 decimal places and final answer to 4 decimal places.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Central Limit Theorem
Sampling Distribution
Normal Distribution

Formulas

Standard deviation of sample proportion: σ̂p = sqrt(p(1 - p) / n)
Z-score: z = (p̂ - p) / σ̂p

Theorems

Central Limit Theorem

Suitable Grade Level

College level / Advanced High School (Grades 11-12)