The Irvine Company conducted a 49 day survey in two movie theaters in order to determine...
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The Irvine Company conducted a 49 day survey in two movie theaters in order to determine the difference between the average daily attendance at Irvine Spectrum and Culver Plaza. The movie theater in Irvine Spectrum averaged 720 patrons per day with a variance of 100; while the Culver Plaza theater averaged 700 patrons per day with a variance of 96. Construct a confidence interval estimate for the difference between the average daily attendance at the two theaters. Use a confidence coefficient of 0.8. 1. Identify the appropriate procedure. Justify your answer by verifying or stating the conditions required for a valid confidence interval. 2. Construct a confidence interval estimate. 3. Interpret the confidence interval estimate. The Irvine Company conducted a 49 day survey in two movie theaters in order to determine the difference between the average daily attendance at Irvine Spectrum and Culver Plaza. The movie theater in Irvine Spectrum averaged 720 patrons per day with a variance of 100; while the Culver Plaza theater averaged 700 patrons per day with a variance of 96. Construct a confidence interval estimate for the difference between the average daily attendance at the two theaters. Use a confidence coefficient of 0.8. 1. Identify the appropriate procedure. Justify your answer by verifying or stating the conditions required for a valid confidence interval. 2. Construct a confidence interval estimate. 3. Interpret the confidence interval estimate.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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