A Budget Airline Wants to Estimate What Proportion of Customers

question 32

Short Answer

A budget airline wants to estimate what proportion of customers would pay $10 for in-flight wireless access. Given that the airline has no prior knowledge of the proportion, how many customers would it have to sample to ensure a margin of error of no more than 5% for a 95% confidence interval?

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Definitions:

Social Phobia

A chronic mental health condition characterized by an intense fear of social situations and being judged or negatively evaluated by others.

Eating in Public

The act of consuming food outside of the privacy of one's home, typically in social settings such as restaurants or cafeterias.

Judged Negatively

The perception or assessment of something or someone in a way that highlights faults or deficiencies.

Social Anxiety Disorder

A mental health disorder characterized by intense fear and avoidance of social situations due to fear of being judged or embarrassed.