On-Time Arrivals According to the Bureau of Transportation, American Airlines had an on-time arrival rate of 80.3% for a given year. Assume that this statistic is based on a sample of 1000 randomly selected American Airlines flights. Find the 99% confidence interval estimate of the percentage of all American Airlines flights that arrive on time.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 6E: List the sample space of each experiment. Tossing three coins
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On-Time Arrivals According to the Bureau of Transportation, American Airlines had an on-time arrival rate of 80.3% for a given year. Assume that this statistic is based on a sample of 1000 randomly selected American Airlines flights. Find the 99% confidence interval estimate of the percentage of all American Airlines flights that arrive on time.

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