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Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its mean number of unoccupied seats per flight over the past year. To accomplish this, the records of 225 flights are randomly selected and the number of unoccupied seats is noted for each of the sampled flights. The sample mean is 11.6 seats and the sample standard deviation is 4.1 seats.

a. i. x=__________

ii. sx=__________

iii. n=__________

iv. n-1=__________

b. Define the random variables Xand Xin words.

c. Which distribution should you use for this problem? Explain your choice.

d. Construct a 92% confidence interval for the population mean number of unoccupied seats per flight.

i. State the confidence interval.

ii. Sketch the graph.

iii. Calculate the error bound.

Short Answer

Expert verified

a. i. x=6

ii. sx=3

iii. n=14

iv. n-1=13

b. Xis the number of unoccupied seats on a single flight. Xis the mean amount of unoccupied seats from a sample of 225flights.

c. tn1

d. i. localid="1652100608787" CI=(11.119,12.081)

ii. The graph is drawn

iii. localid="1652100644953" EBM=0.48

Step by step solution

01

Given Information

number of flights= 225

sample mean =11.6

standard deviation =4.1

02

Explanation (Part a)

i. The sample mean is given by x=11.6

ii. The standard deviation is given by sx=4.1

iii. Number of flights selectedn=225

iv. n-1=224

03

Explanation (Part b)

According to the given information, the random variables ofXandXare as follows:

Xis the number of unoccupied seats on a single flight.

Xis the mean amount of unoccupied seats from a sample of225flights.

04

Explanation (Part c)

Since the distribution is tWe will use tn1as a parameter.

05

Explanation (Part d)

i. Given,x-=116and the standard deviation is 4.1

sample size n = 225

Confidence level z =92%

CI=x¯±zsn=11.6±92×4.1225

CI=(11.119,12.081)

ii. The graph is,

iii. Error bound margin is calculated,

EBM=tn1α2sn

EBM=t22510.0824.1225=0.48

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