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A 90% confidence interval for the mean percentage of airline reservations being canceled on the day of the flight is (1.1%, 3.2%). what is the point estimator of the mean percentage of reservations that are canceled on the day of the flight?

Respuesta :

jushmk
Error = 1/2(Maximum range - Minimum range) = 1/2(3.2-1.1) = % = 0.0105

If p is the point estimator;

Then,
Minimum range = p - Error
Maximum range = p + Error

Solving one of the two expressions,
0.011 = p - 0.0105 => p = 0.011+0.0105 = 0.0215 = 2.15%
PrisonMike

Answer:



Read more on Brainly.com - https://brainly.com/question/9975138#read more Error = 1/2(Maximum range - Minimum range) = 1/2(3.2-1.1) = % = 0.0105If p is the point estimator; Then, Minimum range = p - Error Maximum range = p + Error Solving one of the two expressions,0.011 = p - 0.0105 => p = 0.011+0.0105 = 0.0215 = 2.15%

Step-by-step explanation:


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