You are the operations manager for an airline and you are considerng a higher fare...
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Accounting
You are the operations manager for an airline and you are considerng a higher fare level for passengers in aisle seats. How many randomly selected air passengers must you survey? Assume that you want to be 99% confident that the sample percentage is within 4.5 percentage points of the true population percentage. Complete parts (a) and (b) below. a. Assume that nothing is known about the percentage of passengers who prefer aisle seats b Assume that a prior survey suggests that about 36% of air pass ingers prefer an aisle seat
You are the operations manager for an airline and you
are considerng a higher fare level for passengers in aisle seats. How many randomly selected air passengers must you survey? Assume that you want to be 99% confident that the sample
percentage is
within 4.5 percentage points of the true population percentage. Complete parts (a) and (b) below.
a. Assume that nothing is known about the percentage of passengers who
prefer aisle seats
b Assume that a prior survey suggests that about 36% of air pass
ingers prefer an aisle seat
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