Does analyst have sufficient data-report average is not met


Econimists for an airline say their new supersonic airliner can be profitable on transatlantic routes if, based on the present schedule, the seat-load-factor averages 0.60 (60 percent seat utilization). An analyst determines that the seat-load-factor is 0.51 for a random sample of 50 recent flights. Does the analyst have sufficient data to report that the 0.60 average is not being met.

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Basic Statistics: Does analyst have sufficient data-report average is not met
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