question archive An airline wishes to estimate the mean time passengers have to wait for their luggage when arriving at a large airport
Subject:MathPrice:2.86 Bought3
An airline wishes to estimate the mean time passengers have to wait for their luggage when arriving at a large airport . How many passengers must be sampled so that a 9596 confidence interval for the true mean waiting time u will have a maximum margin of sampling error of 0.5 minutes ? A similar study completed the past had standard deviation of 2.16 minutes.
We know that the 9596 confidence interval for population mean is given by:
We want to find 'n' such that
So, required sample size = 72
Please see the attached file for the complete solution