Plan to return and the average amount spent

Assignment Help Basic Statistics
Reference no: EM1397455

The research department wants to conduct a satisfaction survey at some of the theatres to determine how satisfied customers are with the theatre in which they just saw a movie and how much they spent (tickets, popcorn, etc.) Several questions will be asked but the main outcome measure of interest will be the percentage of customers who were completely satisfied and plan to return and the average amount spent. A few years ago a similar survey was conducted and it found that customers had seen an average of 5 movies at the theatre, had spent an average of $25, and 80% were completely satisfied and planned to return. The results also revealed that about two-thirds of the respondents spent anywhere from $15 to $35.

Reference no: EM1397455

Questions Cloud

Describe tate enters into an agreement with smith : Tate enters into an agreement with Smith under the terms of which Smith is to pay Tate $7,000 as well as Tate is to build a garage, repair a boat and build a doghouse
Eye drop solution for a glaucoma patient : Determine how much of each type of solution must be used to fill the prescription and Special eye drop solution for a glaucoma patient must have a 2% active ingredient, a pharmacist is to prepare 15ml of it but the he has 10% solution & 1% solution..
Review the tutorial utilizing multiple intelligences : Review the tutorial utilizing Multiple Intelligences to Enhance Studying as well as Learning and answer the following questions- What tips for creating a study atmosphere may be most effective for you
Determining one way anova : Scrap rates per thousand (parts whose defects cannot be reworked) are compared for 5 randomly selected days at three plants. Does the data prove a significant difference in mean scrap rates?
Plan to return and the average amount spent : Several questions will be asked but the main outcome measure of interest will be the percentage of customers who were completely satisfied and plan to return and the average amount spent.
Explain national cereal manufacturers obtains high margins : National cereal manufacturers obtains high margins for many of their cereals often ranging from 60-75 percent. By contrast the large retail grocery chains
Determine the mass of the liquids : Determine the mass of the liquids in grams if this liquid is added to the beaker the combined mass becomes 238.254 grams? Given that the mass of beaker=225.08 g?
Determine the most likely mode of inheritance of the disease : Determine the most likely mode of inheritance of this disease.
Describe what do you mean by heading levels : Describe what we mean by "heading levels" and how they must appear both in table of contents and in reports themselves. H

Reviews

Write a Review

Basic Statistics Questions & Answers

  Average forecast with an exponential smoothing fore-cast

Compare a three-month moving average forecast with an exponential smoothing fore-cast for a = 0.2. Which provides the better forecasts using MSE as the measure of model accuracy?

  Mean and median measures of central tendency

Please address the following question: When is the mean the best measure of central tendency? When is the median the best measure of central tendency?

  Finding total cost-total revenue-and profit

For monthly volume of 300 tables, find out total cost, total revenue, and profit.

  Statistical data measures

The Rathburn Manufacturing Company makes electric wiring, which it sells to contractors in the construction industry. Approximately 900 electric contractors purchase wire from Rathburn annually.

  Regression to study recent loans of large bank

A mortgage department of a large bank is studying its recent loans. Of particualr interest is how such factors as the value of the home (in thousands of dollars), education level of the head of the household, age of the head of the household, curr..

  Test statisitic and p-value when standard deviation equal

The Duracells had an average lifetime of 18.67 hours (SD = 1.176 hours) while the Energizer batteries had an average lifetime of 16.83 hours (SD = 2.878 hours). Assuming the population standard deviations to be equal, what is the test statisitic a..

  Estimation of confidence interval for r-square

If we want to increase our confidence level from 95% to 99%, what happens to our confidence interval?

  Statistics questions set

Statistics Questions Set: If the mean number of hours of television watched by teenagers per week is 12 with a standard deviation of 2 hours, what proportion of teenagers watch 16 to 18 hours of TV a week? (Assume a normal distribution.)

  Continuous probablity distribution

Jon Molnar will graduate from Carolina Forest High School this year. He took the American College Test (ACT) for college admission and received a score of 30.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Correlation analysis-student success and family income

A sociologist claims that the success of students in college (measured by their GPA) is related to their family's income. For a sample of 20 students, the coefficient of correlation is 0.40. Using the 0.01 significance level

  Computing coefficient of multiple determinations

Compute the coefficient of multiple determinations.

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