Question

Video Marvel Studio's motion picture Guer lans of the Galaxy opened over the first two days o the 2014 Labor Day weekend to a record-breaking S94.3 million in ticket sales revenue in North America. The t cket sales revenue in dollars for a sample o 30 theaters are contained in the Excel Online file below. Construct a spreadsheet to answer the following questions Open spreadsheet a. What is the 99% confidence interval estimate for the mean ticket sales revenue per theater(to the nearest dollar)? (s interpret this result. (i) we are 99% confident that the population mean lies inside the interval. (ii) we are 99% confident that the population mean lies in the middle of the interval. (iii) we are 99% confident that the population mean lies outside the interval. (iv) wn are 100% confident that the population mean lies inside the interval (v) we are 99% confident of all observations are in this interval. Choose the correct option b. Using the movie ticket price of $8.16 per ticket, what is the estimate af the mean number af customers per theater? c. The movie was shown in 4080 theaters. Estimate the total number of customers who saw Guardlans of the Galaxy and the total box office ticket sales for the weekend. customers milion to whole number] Crvck My Work Reset Problem

Answer 1