According to Box Office Mojo, the film Black Panther achieved the top opening weekend gross domestic box
Question:
According to Box Office Mojo, the film Black Panther achieved the top opening weekend gross domestic box office ticket sales in 2018 with $202,033,951. The ticket sales revenue in dollars for a sample of 30 theaters is provided in the file Black Panther.
a. What is the 95% confidence interval estimate for the mean ticket sales revenue per theater? Interpret this result.
b. Using the movie ticket price of $9.11 per ticket, what is the estimate of the mean number of customers per theater?
c. The movie was shown in 4020 theaters during its opening weekend. Estimate the total number of customers who saw Black Panther and the total box office ticket sales for the weekend.
Step by Step Answer:
Essentials Of Modern Business Statistics With Microsoft Excel
ISBN: 9780357131626
8th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran