Does this procedure describe a completely randomized design for this experiment?
1 answer:
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Image showing the arena ticket prices is missing, so i have attached it.
Answer:
$10000 more money was spent when the tickets first went on sale than after the first 2 weeks
Step-by-step explanation:
We are told that when the full season tickets first went on sale, that 2000 full season tickets were sold for section N.
Now, from the area ticket prices table attached, we can see that full season tickets for Section N costs $20
Thus, amount of money spent when the tickets first went on sale = 2000 × 20 = $40000
We are told that 2 weeks after the tickets first went on sale, they sold 1500 tickets. Thus, amount spent after 2 weeks release = 1500 × 20 = $30000
Difference in amount spent at the beginning and after 2 weeks = $40000 - $30000 = $10000
Thus, $10000 more money was spent when the tickets first went on sale than after the first 2 weeks
