Find the sample size needed to estimate the mean age of movie patrons, given that we want
Question:
Find the sample size needed to estimate the mean age of movie patrons, given that we want 98% confidence that the sample mean is within 1.5 years of the population mean. Assume that σ = 19.6 years, based on a previous report from the Motion Picture Association of America. Could the sample be obtained from one movie at one theater?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
The sample should not be obtained from 15 one mov...View the full answer
Answered By
Parvesh Kumar
I am an experienced Mathematics and Statistics tutor with 10 years of experience teaching students and working professionals. I love teaching students who are passionate to learn subjects or wants to understand any mathematics and statistics concept at graduation or master’s level. I have worked with thousands of students in my teaching career. I have helped students deal with difficult topics and subjects like Calculus, Algebra, Discrete Mathematics, Complex analysis, Graph theory, Hypothesis testing, Probability, Statistical Inference and more. After learning from me, students have found Mathematics and Statistics not dull but a fun subject. I can handle almost all curriculum of mathematics. I did B.Sc (mathematics), M.Sc (mathematics), M.Tech (IT) and am also Gate (CS) qualified. I have worked in various college and school and also provided online tutoring to American and Canadian students. I look forward to discussing with you and make learning a meaningful and purposeful
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Find the sample size needed to estimate the mean age of movie patrons such that it can be said with 90% confidence that the sample mean is within 3 years of the population mean. Assume that standard...
-
The sample size needed to estimate the difference between two population proportions to within a margin of error E with a confidence level of 1 - a can be found as follows. In the expression Replace...
-
Republicans Find the sample size needed to estimate the percentage of Republicans among registered voters in California. Use a 0.03 margin of error, use a confidence level of 90%, and assume that pn...
-
Write a version of Gambler that uses two nested while loops or two nested for loops instead of a while loop inside a for loop.
-
Garners Antique Hot Rods recently sold a 1957 Chevy for $75,000 on account. The state sales tax is 6 percent, and there is a $500-per-car federal excise tax. Required: Prepare the journal entry to...
-
What is market segmentation? What are the five basic forms of consumer market segmentation?
-
The bar magnet in Figure P29.7 is rotated about an axis that runs perpendicular to the page and passes through the center of the magnet. The magnet rotates with rotational speed \(\omega\). A loop of...
-
Your new audit client, Hardwood Lumber Company, has a computerized accounting system for all financial statement cycles. During planning, you visited with the information systems vice president and...
-
23. A convex mirror used for rear view on an automobile has a radius of curvature of 3m. If a bus is located at 5m from this mirror, find the position, nature and magnification of the image. 24. An...
-
The manager for a radio station wants to estimate the mean length of all songs published after 1960. How many songs should be in the sample if we want 99% confidence that the sample mean is within 15...
-
In a Harris poll of 514 human resource professionals, 463 said that the appearance of a job applicant is most important for a good first impression. Use 1000 bootstrap samples to construct a 99%...
-
A 172-cm-tall person lies on a light (mass less) board which is supported by two scales, one under the top of her head and one beneath the bottom of her feet (Fig. 9-53). The two scales read,...
-
I. INTRODUCTION Assume that you are an economic consultant hired by an international organization/government to provide your expert advice on economic conditions pertaining to the United States and...
-
Describe 3 ways organizations can cultivate a supportive environment in which people feel free to disagree and are encouraged to work constructively toward a mutually acceptable compromise, and how...
-
The right to die is a touchy subject for most people. In my personal experience people are always hesitant about the Living Will. It is such a serious document. Going through and deciding which...
-
Recall hash puzzles from Lecture 10. In this question, we will see how they work in practice. This question requires programming in a language that has an implementation of SHA-256 hash function. You...
-
Describe the main differences between primary data and secondary data. (b) Explain TWO (2) methods to collect primary and secondary data.
-
X = 8; H = 4000; f = 152.4 mm Aerial photography is to be taken of a tract of land that is X mi square. Flying height will be H ft above average terrain, and the camera has focal length f. If the...
-
KD Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 20 percent of billed premiums are collected in the month before they are due, 60 percent are...
-
Based on a Bellowes survey of adults, there is a 0.48 probability that a randomly selected adult uses a tax preparer to file taxes. Find the probability that among 20 randomly selected adults,...
-
Based on a Ridgid survey of high school students, 25% of high school students plan to choose a career in information technology. Find the probability that among 24 randomly selected high school...
-
The U.S. Department of Transportation recently reported that 80.5% of U.S. airline flights arrived on time. Find the probability that among 12 randomly selected flights, exactly 10 arrive on time....
-
Can you explain what affiliate marketing fees is? And can you give examples of companies who use it?
-
Based solely on the information provided in the fact pattern below, what is the dollar value of the cumulative Preferred PIK Dividend available for distribution to Preferred Equity holders at...
-
Cash Flow for ABC Hotel July August September Opening Balance $ 85,000 $ 88,450 ? Cash Incoming Sales $ 67,000 $ 64,399 $ 62,500 Asset Sales $ 1,200 $ - $ - Debtor Receipts $ 2,500 $ 2,800 $ 1,300...
Study smarter with the SolutionInn App