Multiple Choice
An employee of the Bureau of Transportation Statistics has been given the task of estimating the proportion of on-time arrivals of a budget airline. A prior study has estimated this on-time arrival rate as 78.5%. What is the minimum number of arrivals this employee must include in the sample to ensure that the margin of error for a 95% confidence interval is no more than 0.05?
A) 270
B) 259
C) 260
D) 269
Correct Answer:

Verified
Correct Answer:
Verified
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