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:

Oscar Micheaux

A pioneering African American filmmaker and author, known for his work in the silent and early sound film eras, highlighting the complexities of race and social issues.

Motion Pictures

Films or movies; a sequence of images projected onto a screen, creating the illusion of movement.

James P. Johnson

An influential American jazz pianist and composer, known as the "Father of the Stride Piano."

Runnin' Wild

A popular song and dance from the 1920s, known for introducing the Charleston dance to a wider audience.