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)
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