4. The data in the file Movieprices contain.the.price for two tiçkets with online service charges, large popcorn, and two medium soft drimks at a sample of six theater chains: $36.15 $31.00 $35.05...

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Extracted text: 4. The data in the file Movieprices contain.the.price for two tiçkets with online service charges, large popcorn, and two medium soft drimks at a sample of six theater chains: $36.15 $31.00 $35.05 $40.25 $33.75 $43.00 a. Construct a 95% confidence interval estimate for the population mean price for two tickets with online service charges, large popcorn, and tWo medium soft drinks, assuming a normal distribution. b. Interpret the confidence interval constructed in 4.a.


Extracted text: 6. The telephone company wants to estimate the proportion of households that would purchase an additional telephone line if it were made available at a substantially reduced installation cost. A random sample of 500 households is selected. The results indicate that 135 of the households would purchase the additional telephonē line at a reduced installation cost. a. Construct a 99% confidence interval estimate of the population proportion of households that would purchase the additional telephone line. b. How would the manager in charge of promotional programs concerning residential customers use the results found in 6.a.?