Confidence interval-true average number of unoccupied seats


unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate the average number of unoccupied seats per flight. An SRS of 225 flights show a sample average of 11.6 seats per flight. Suppose standard deviation=4.1 and create a 90% confidence interval for the true average number of unoccupied seats per flight. interpret this interval in the context of the problem.

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Basic Statistics: Confidence interval-true average number of unoccupied seats
Reference No:- TGS0114256

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