A 90% confidence interval for the mean percentage of airline reservations being canceled on the day of the flight is (3.6%, 6.1%). What is the point estimator of the mean percentage of reservations that are cancelled on the day of the flight?© BrainMass Inc. brainmass.com December 20, 2018, 7:45 am ad1c9bdddf
Margin of error = (6.1 - 3.6)/2 = 1.25
Therefore, point ...
The solution provides step by step method for the calculation of point estimate of the mean from confidence interval. Formula for the calculation is also included.