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bonufazy [111]
3 years ago
11

An airline company advertises that 100% of their flights are on time after checking 5 flights from yesterday and finding that th

ese 5 were on time a) What is population of interest? b) What is the sample? c) Was this a representative sample? Explain. d) How should the company determine the percentage of their flights that are on time?
Mathematics
1 answer:
just olya [345]3 years ago
8 0

a) The population is all of the flights belonging to the particular airline. It's not all flights in general because the airline does not have control over a rival company's flight schedule.

------------------

b) The sample is the 5 airlines the company selected. Ideally the sample should represent the population as much as possible. The larger the sample, the more representative the sample is.

------------------

c) No, the sample is likely <u>not</u> representative because one day of flight does not represent the entire lifetime of all flights done so far for that company. This particular day could have been a very good day with good weather, which may explain why the 5 flights were all on time.

------------------

d) It would be better for the company to select the days at random and sample all of the flights for those particular days chosen. This is a cluster sample. Each cluster is a day. Also, I think more flights should be sampled. Five flights does not seem like enough.

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kow [346]

Answer:

The correct solution is "4.6".

Step-by-step explanation:

Given:

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As we know,

⇒ A=P(1+\frac{r}{100} )^n

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3 years ago
Determining Cost of Land
irakobra [83]

The complete question is:

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The cost of land to be reported exists at $174,750.

<h3>How to determine the cost of the land to be reported on the balance sheet?</h3>

The cost of land noted in the balance sheet does not only contain the price spent to gain the land but also includes any costs/revenue obtained in the procedures, and activities required to obtain the land to the setting in which it may be prepared for use.

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1 year ago
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coldgirl [10]

Answer:

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Step-by-step explanation:

* Lets explain how to solve the problem

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