6. The average ticket price for a Washington Redskins football game was $81.89 for the season....
6. The average ticket price for a Washington Redskins football game was $81.89 for the season. With the additional costs of parking, food. drinks, and souvenirs, the average cost for a family of four to attend a game totaled $442.54. Assume the normal distribution applies and that the standard deviation is $65. What is the probability that a family of four will spend more than $400? (Round to four decimal places) What is the probability that a family of four will spend $300 or less? (Round to four decimal places) What is the probability that a family of four will spend between $400 and $500? (Round to four decimal places)
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6. The average ticket price for a Washington Redskins football
game was $81.89 for the season....
1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010...
1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010 was $527. Assume the standard deviation is $160 and that the amount spent is normally distributed. What is the probability that the amount spent on a randomly selected child is more than $700? (Round to four decimal places) What is the probability that the amount spent on a randomly selected child is less than $100? (Round to four decimal places) What is the probability...
Advance Payment for Services The Columbus Bluebirds football team sells a 12-game season ticket for $240....
Advance Payment for Services The Columbus Bluebirds football team sells a 12-game season ticket for $240. Assume that the team sells 1,000 season tickets on August 10. The tickets are all used for admission a. Prepare a journal entry to record the sale of the season tickets on August 10. b. Prepare a journal entry to record one game of earned revenue on September 12. Round all answers to the nearest dollar. General Journal Description Debit Credit Date Aue 10...
A university is trying to determine what price to charge for tickets to football games. at a price of 30$ per ticket, attendance averages 40,000 people per game. every decrease of 3$ adds 10,000 peopl...
A university is trying to determine what price to charge for tickets to football games. at a price of 30$ per ticket, attendance averages 40,000 people per game. every decrease of 3$ adds 10,000 people to the average number. every person at the game spends an average of 4.50$ on concessions. What price per ticket should be charged in order to maximize revenue? How Many people will Attend at that price?
A university is trying to determine what price to charge for tickets to football games. at a price of 28$ per ticket, attendance averages 40,000 people per game. every decrease of 4$ adds 10,000 peopl...
A university is trying to determine what price to charge for tickets to football games. at a price of 28$ per ticket, attendance averages 40,000 people per game. every decrease of 4$ adds 10,000 people to the average number. every person at the game spends an average of 4.00$ on concessions. What price per ticket should be charged in order to maximize revenue? How Many people will Attend at that price?
One season, the average little league baseball game averaged 2 hours and 46 minutes (166 minutes)...
One season, the average little league baseball game averaged 2 hours and 46 minutes (166 minutes) to complete. Assume the length of games follows the normal distribution with a standard deviation of 10 minutes. What is the probability that a randomly selected game will be completed in more than 180 minutes? (Round to four decimal places as needed.)
In a single season, an average of 1.6 home runs were hit per game. Assume the...
In a single season, an average of 1.6 home runs were hit per game. Assume the number of home runs per game follows the Poisson distribution.( round to 4 decimal places) a) What is the probability that 6 home runs will be hit in a randomly selected game? b) What is the probability that no home runs will be hit in a randomly selected game? c) What is the probability that more than 2 home runs will be hit in...
The following table shows the number of wins eight teams had during a football season. Also...
The following table shows the number of wins eight teams had during a football season. Also shown are the average points each team scored per game during the season. Construct a 90% confidence interval to estimate the average number of wins for teams that scored an average of 22 points a game. Click the icon to view the data table. Determine the upper and lower limits of the confidence interval. UCL = LCL = (Round to three decimal places as...
Second Journal Entry:Record the revenue recognized after the first home game is completed. T. Boone Pickens...
Second Journal Entry:Record the revenue recognized after the
first home game is completed.
T. Boone Pickens football stadium at Oklahoma State University has a seating capacity of about 65,000. Assume the stadium sells out all four home games before the season begins and the athletic department collects $28 million in ticket sales. 1. What was the average price per season ticket and average price per Individual game ticket sold? (Round your answers to the nearest dollar amount.) Average price per...
The National Football League (NFL) polls fans to develop a rating for each football game. Each...
The National Football League (NFL) polls fans to develop a rating for each football game. Each game is rated on a scale from 0 (forgettable) to 100 (memorable). The fan ratings for a random sample of 12 games follow. 57 61 86 75 73 72 20 58 81 80 83 73 a. Develop a point estimate of mean fan rating for the population of NFL games (to 2 decimals). b. Develop a point estimate of the standard deviation for the...
The answers are in red and thanks in advance The average weight of a professional football...
The answers are in red and
thanks in advance
The average weight of a professional football player in 2009 was 255.6 pounds. Assume the population standard deviation is 30 pounds. A random sample of 31 professional football players was selected. Complete parts a through e. a. Calculate the standard error of the mean G = 5.39 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than 242 pounds? PX<242) =...
Advance Payment for Services The Columbus Bluebirds football team sells a 12-game season ticket for $240. Assume that the team sells 1,000 season tickets on August 10. The tickets are all used for admission a. Prepare a journal entry to record the sale of the season tickets on August 10. b. Prepare a journal entry to record one game of earned revenue on September 12. Round all answers to the nearest dollar. General Journal Description Debit Credit Date Aue 10...
The following table shows the number of wins eight teams had during a football season. Also shown are the average points each team scored per game during the season. Construct a 90% confidence interval to estimate the average number of wins for teams that scored an average of 22 points a game. Click the icon to view the data table. Determine the upper and lower limits of the confidence interval. UCL = LCL = (Round to three decimal places as...
Second Journal Entry:Record the revenue recognized after the
first home game is completed.
T. Boone Pickens football stadium at Oklahoma State University has a seating capacity of about 65,000. Assume the stadium sells out all four home games before the season begins and the athletic department collects $28 million in ticket sales. 1. What was the average price per season ticket and average price per Individual game ticket sold? (Round your answers to the nearest dollar amount.) Average price per...
The answers are in red and
thanks in advance
The average weight of a professional football player in 2009 was 255.6 pounds. Assume the population standard deviation is 30 pounds. A random sample of 31 professional football players was selected. Complete parts a through e. a. Calculate the standard error of the mean G = 5.39 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than 242 pounds? PX<242) =...
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