5:17×Google LensThe average ticket price for a Spring Trainingbaseball game is $32.70, with a standard deviation of$5.42. In a random sample of 40 Spring Trainingtickets, find the probability that the mean ticketprice exceeds $35. (Round your answer to threedecimal places)Qoaseball team plays in a stadium that holds 66000 spectators. With tticket price at $11 the average attendance has been 30000. When theprice dropped to $10, the average attendance rose to 33000. Assume thatattendance is linearly related to ticket price.What ticket price would maximize revenue? $[PreviewC chegg.comSolved A baseball team||·Visual matchesA baseball team plays in a stadium that holds70000 spectators. With the ticket price at $9 theaverage attendance has been 29000. When theprice dropped to $8, the average attendancerose to 35000. Assume that attendance islinearly related to ticket price.PreviewWhat ticket price would maximize revenue? $Get help: Video|||VO1 68.35 4G+ il 24%LTE2 KB/sO

Given: Sample size (n) = 40 Sample mean μ=32.70 Population standard deviation σ=5.42 Let X ~…

Answered: The average ticket price for a Spring…

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...

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The average ticket price for a Spring Training baseball game is $32.70, with a standard deviation of $5.42. In a random sample of 40 Spring Training tickets, find the probability that the mean ticket price exceeds $35. (Round your answer to three decimal places)