Suggest that the true mean attendance is different from 9000

Reference no: EM131432677

Marketing and Consumer Behavior

Red Rocks Park in Morrison, Colorado, is a naturally formed, rock, openair amphitheater 6450 feet above sea level. A random sample of events from Summer 2013 was obtained and the attendance for each was recorded. The summary statistics were x = 8722, s = 460.4, and n = 11. Assume the distribution of attendance is normal and use a = 0.01.

a. The amphitheater operators believe that 9000 people is the optimal attendance in terms of comfort and profit. Is there any evidence to suggest that the true mean attendance is different from 9000?

b. Find bounds on the p value associated with this test.

c. How large a sample size would be necessary for this test to be significant (assuming x^‾and s remain the same)?

Reference no: EM131432677

Questions Cloud

How technology solutions enable strategic outcomes : ISFM-300 Case Study, Stage 1: Business Environment Analysis. Analyze business strategy to recognize how technology solutions enable strategic outcomes. Analyze internal and external business processes to identify information systems requirements

Practices of corporations and the uneven distribution : A lot of attention is paid to the practices of corporations and the uneven distribution of wealth in the U.S. Imagine that the U.S. was a socialist rather than a capitalist society. Play the devil's advocate and list five ways that our day-to-day ..

Barrier analysis worksheet project : Read the U.S. Chemical Safety Board investigation report of the 2007 propane explosion at the Little General Store in Ghent, WV. The final report can be read/downloaded at the following link: http://www.csb.gov/assets/1/19/CSBFinalReportLittleGene..

Watch the section - working with your team : Watch the section, "Working with Your Team," from the Lynda.com® video, Working Remotely. Completing these exercises will benefit your Supporting Activity responses.

Suggest that the true mean attendance is different from 9000 : The amphitheater operators believe that 9000 people is the optimal attendance in terms of comfort and profit. Is there any evidence to suggest that the true mean attendance is different from 9000?

How administrative systems are used for managerial support : Describe how administrative systems are used for managerial support. Once you are done, refer to the Discussion Participation Scoring Guide to make sure you have met the requirements of this discussion.

Find bounds on the p value associated with given test : Is there any evidence to suggest that the mean amount of aspartame in an 8-ounce can of diet soda is greater than 65 mg? Use a = 0.01.

Describe your overall reaction after attending the event : As a way of experiencing the Humanities beyond your classroom, computer, and textbook, you are asked to do a certain type of "cultural activity" that fits well with our course and then report on your experience. Your instructor will require you ..

Successful business communication : Discuss and define the "you" attitude and how that applies to successful business communication. Provide examples of the "you" attitude when it is applied both effectively and ineffectively

User Account

All Pages