Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tutorial Exercise Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews

image text in transcribed

Tutorial Exercise Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and pre-preview ads before the movie starts. Many complain that the time devoted to previews is too long. A preliminary sample conducted by The Wall Street Journal showed that the standard deviation of the amount of time devoted to previews was 5 minutes. Use that as a planning value for the standard deviation in answering the following questions. (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. Step 1 (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. Recall the formula to find a sample size, n, for a desired margin of error, E, with a population standard deviation , and Za/2 relates to the level of confidence. n = (2/2) E The sample standard deviation of 5 minutes will be used in place of the population standard deviation. However, note that the desired margin of error was given to be 75 seconds. The standard deviation and margin of error must be in terms of the same units. Convert 75 seconds to minutes. 1 minute 75 seconds. minutes 60 seconds Therefore, the margin of error, in minutes, is E = minutes.

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: 3

blur-text-image

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

Elementary And Intermediate Algebra Concepts And Applications

Authors: Marvin L. Bittinger, David J. Ellenbogen, Barbara L. Johnson

5th Edition

0321559444, 9780321559449

More Books

Students also viewed these Mathematics questions

Question

What is this Imports statement all about?

Answered: 1 week ago

Question

What is the process to go through to design a relational database?

Answered: 1 week ago