Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 7 of 11 Check My Work (2 remaining) Customers arrive at a movie theater at the advertised movie time only to find that they

image text in transcribed
Question 7 of 11 Check My Work (2 remaining) Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time devoted to previews is too long. A preliminary sample conducted by The Wall Street ournal showed that the standard deviation of the amount of time devoted to previews was 4 minutes. Use that as a planning value for the standard deviation in answering the following questions. Round your answer to next whole number. a. If we want to estimate the population mean time for previews at movie theaters with a margin of error of 75 seconds, what sample size should be used? Assume 95% confidence. b. If we want to estimate the population mean time for previews at movie theaters with a margin of error of 1 minute, what sample size should be used? Assume 95% confidence. Check My Work (2 remaining)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions