You are employed with Northeast Airlines and have been asked to determine the rate of on-time arrivals for four competing airlines at a proposed hub location. Currently Northeast ranks in the top three for on-time arrivals with an average on-time arrival rate of 82%. The company wants to exceed the on-time rate of competitors at the new hub. Hundreds of flights arrive at the location daily.
What are the primary advantages and disadvantages of employing sampling in this application?