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Has the recent drop in airplane passengers resulted in better on-time performance? Before the recent economic downturn, one airline bragged that 92% of its flights were on time. A random sample of 165 flights completed this year reveals that 153 were on time. Can we conclude at the 5% significance level that the airline's on-time performance has improved?

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Accounting Basics, Accounting

Category:- Accounting Basics
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