In 2005, 0.74 proportion of all airline flights were on-time. If we choose a simple random sample of 2000 flights, find the probability that the sample proportion of on-time flights (p-hat) differs from the truth by more than one percent: (0.01)
In 2005, 0.74 proportion of all airline flights were on-time. If we choose a simple random sample of 2000 flights, find the probability that the sample proportion of on-time flights (p-hat) differs from the truth by more than one percent: (0.01)
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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In 2005, 0.74 proportion of all airline flights were on-time. If we choose a simple random sample of 2000 flights, find the
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