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October 1, 2014

Homework Help: Statistics

Posted by Jason L on Friday, March 2, 2007 at 10:28am.

An entertainment company owns and operates movie theaters in Wyoming. The president of the company is concerned that film rentals are hurting the business. They directed a staff member to estimate the total number of films rented by households in wyoming in a particular month. A phone survey involving a random sample of 300 homes was conducted with the following results - xbar = 2.4 films. Sx = 1.6 films. Then the 90% confidence interval estimate for the total number of films rented by the 211,000 households in that particular month is?

This has been addressed in a later post.

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