Air Canada is hosting a special sale and offers a discount if you buy a round way trip ticket instead of a single way. They are basing the decision off data from another airline company five years ago. The other airline found that 12% of customers went for the sale. If the same proportion holds now and you take a sample of 2308 customers, what is the standard deviation of the sample proportion?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Please round final answer to 3 decimal places. 

Air Canada is hosting a special sale and offers a discount if you buy a round way trip
ticket instead of a single way. They are basing the decision off data from another
airline company five years ago. The other airline found that 12% of customers went
for the sale. If the same proportion holds now and you take a sample of 2308
customers, what is the standard deviation of the sample proportion?
Transcribed Image Text:Air Canada is hosting a special sale and offers a discount if you buy a round way trip ticket instead of a single way. They are basing the decision off data from another airline company five years ago. The other airline found that 12% of customers went for the sale. If the same proportion holds now and you take a sample of 2308 customers, what is the standard deviation of the sample proportion?
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