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?

User NightWolf
by
7.8k points

1 Answer

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