What is the margin of error for the given study

Assignment Help Finance Basics
Reference no: EM13946041

The motion picture Harry Potter and the Sorcerer's shattered the box office debut record previously held by the Lost World: Jurassic Park (the Wall Street Journal, November 19, 2001). A sample of 100 movie theaters showed that the mean three-day weekend gross was $25,467 per
theater and the standard deviation was $4980.

a- What is the margin of error for this study? Use 95% confidence.

b- What is the 95% confidence interval estimate for the population mean weekend gross per theater?

c- The Last World took in $ 72.1 million in its first three day weekend.

Reference no: EM13946041

Questions Cloud

Determine the equilibrium price and quantity : Plot the demand curve for the firm. Plot the corresponding supply curve on the same graph using the supply function Q = 5200 + 45P with the same prices. Determine the equilibrium price and quantity
Discuss the advantages and disadvantages of frame relay : Discuss the advantages and disadvantages of this approach compared to the  use of variable size frames (as in Ethernet or Frame Relay).
What is the foreign exchange rate in comparison to the us : Talk to a current economic situation happening within the foreign country referencing your Economist Article. What is the foreign exchange rate in comparison to the U.S.? What trade agreements, if any, is this a country a party of
Compare and contrast the two systems and submit a proposal : You are to compare and contrast the two systems and submit a proposal to the CIO along with making a recommendation as to which system or combination of systems the company should use.
What is the margin of error for the given study : What is the margin of error for this study? Use 95% confidence. What is the 95% confidence interval estimate for the population mean weekend gross per theater? The Last World took in $ 72.1 million in its first three day weekend.
Discuss a corporate threat recently been in news : Search recent internet news articles - select one article to summarize in 3-5 sentences then explain the corporate threat and explain the strategic response by the company. Be sure to site your source in your post.
Which were most difficult to specify in terms of a scenario : Stimulus. The stimulus is a condition that needs to be considered when it arrives at a system.
Different sociological perspectives on deviance : What is social interaction? What are the elements of social structures? How does this apply to the activity you just completed?
How much will this deposit be worth in x years : We focus on some of the assumptions behind the TVM calculations. What are those? How do these assumptions limit our application of these calculations?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd