asked 165k views
5 votes
This is a statistics problem.

A 90% confidence interval for the mean percentage of airline reservations being canceled on the day of the flight is (1.3% , 5%). What is the point estimator of the mean percentage of reservations that are canceled on the day of the flight?

1 Answer

5 votes
The point estimate of the mean percentage of reservations is the midpoint of the interval, which is 3.2%
answered
User Jahrichie
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7.6k points
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