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Sagot :
Answer: 5.60%
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Work Shown:
Find the midpoint of the percentages given.
A = 3.9
B = 7.3
C = midpoint of A and B = point estimate
C = (A+B)/2
C = (3.9+7.3)/2
C = 11.2/2
C = 5.60
5.60% is the point estimate
Side note: The margin of error is B-C = 7.3-5.6 = 1.70%, or you could say C-A = 5.6 - 3.9 = 1.70%
The mean percentage of reservations that are canceled on the day of the flight is equal to the 5.60%
We have to determine the midpoint of the percentages given.
A = 3.9
B = 7.3
C = midpoint of A and B = point estimate
What is the formula for the midpoints?
C = (A+B)/2
C = (3.9+7.3)/2
C = 11.2/2
C = 5.60
5.60% is the point estimate
Side note: The margin of error is
B-C = 7.3-5.6
B-C= 1.70%, or you could say
C-A = 5.6 - 3.9
C-A= 1.70%
Therefore the midpoint of B and C is 1.70% and the midpoint in between C-A is 1.70%.
To learn more about the midpoint visit:
https://brainly.com/question/5566419
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