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 Journal 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 1 of minute, what sample size should be used? Assume 95% confidence.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

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 Journal 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 1 of minute, what sample size should be used? Assume 95% confidence.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON