A movie theater sells out all 200 seats for a midnight movie screening at $12 per ticket. The theater's total revenue that night
2 answers:
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Answer:
n≅376
So sample size is 376.
Step-by-step explanation:
The formula we are going to use is:
where:
n is the sample size
p is the probability of favor
q is the probability of not in favor
E is the Margin of error
z is the distribution
α=1-0.98=0.02
α/2=0.01
From cumulative standard Normal Distribution
p is taken 0.5 for least biased estimate, q=1-p=0.5
n≅376
So sample size is 376
Total outcomes in which Billy can get 5 or more : 2 <u>outcomes</u>
Total outcomes = 6
So, the probability of getting 5 or higher is ~
Therefore, the correct choice is C
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