Questions
Customers arrive at a movie theater at the advertised movie time only to find that they...

Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time devoted to previews is too long. A preliminary sample conducted by The Wall Street Journal showed that the standard deviation of the amount of time devoted to previews was four minutes. Use that as a planning value for the standard deviation in answering the following questions.

a. If we want to estimate the population mean time for previews at movie theaters with a margin of error of 69 seconds, what sample size should be used? Assume 95% confidence.

b. If we want to estimate the population mean time for previews at movie theaters with a margin of error of 1 minute, what sample size should be used? Assume 95% confidence.

In: Statistics and Probability

The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be...

The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Starr showed: Cash $2,950, Land $22,000, Buildings (concession stand, projection room, ticket booth, and screen) $10,000, Equipment $10,000, Accounts Payable $6,000, and Owner’s Capital $38,950. During the month of March, the following events and transactions occurred.

Mar. 2 Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,000; $1,400 was paid in cash and $1,600 will be paid on March 10.
3 Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $150 per night.
9 Received $4,000 cash from admissions.
10 Paid balance due on Indiana Jones movies rental and $1,500 on March 1 accounts payable.
11 Starr Theater contracted with Adam Ladd to operate the concession stand. Ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.
12 Paid advertising expenses $700.
20 Received $5,000 cash from customers for admissions.
20 Received the Lord of the Rings movies and paid the rental fee of $1,500.
31 Paid salaries of $2,500.
31 Received statement from Adam Ladd showing gross receipts from concessions of $5,000 and the balance due to Starr Theater of $750 ($5,000 × 15%) for March. Ladd paid one-half the balance due and will remit the remainder on April 5.
31 Received $8,900 cash from customers for admissions.

1.) Enter the beginning balances in the ledger.

2.) Journalize the March transactions. Starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

3.)
Post the March journal entries to the ledger. (Post entries in the order of journal entries presented in the previous question.)

In: Accounting

The theater of the city of Mayaguez has a popular concert in schedule and has decided...

The theater of the city of Mayaguez has a popular concert in schedule and has decided to sells tickets by phone. For that, it needs to decide how many operators to hire for the sale. On one hand, it doesn't want the customers to wait too long, but on the other hand the operators are expensive. The data the manager has collected from previous concerts is as follows.

Operators Wait Time

4 385

5    335

6 383

7 344

8 288

Specifically, we want to find whether there is a significant linear correlation between the variables.

In this case, if management wants a lower waiting time, it would to need to have:

In: Statistics and Probability

The theater of the city of Mayaguez has a popular concert in schedule and has decided...

The theater of the city of Mayaguez has a popular concert in schedule and has decided to sells tickets by phone. For that, it needs to decide how many operators to hire for the sale. On one hand, it doesn't want the customers to wait too long, but on the other hand the operators are expensive. The data the manager has collected from previous concerts is as follows.

Operators Wait Time
4 385
5 335
6 383
7 344
8 288

Specifically, we want to find whether there is a significant linear correlation between the variables

In: Statistics and Probability

The new manager of a theater plans to offer discounts to increase the number of tickets...

The new manager of a theater plans to offer discounts to increase the number of tickets sold for shows on Monday and Tuesday evenings. She uses a sample of 30 weeks to record the number of tickets sold on these two days. A portion of the data is shown in the accompanying table.  

Monday Tuesday
221 208
187 199
272 175
199 196
235 205
221 202
227 204
228 196
183 202
236 197
238 190
191 196
210 173
220 193
222 191
245 212
223 169
211 180
226 187
239 173
264 196
207 184
230 193
207 197
204 173
253 181
223 174
230 182
225 194
194 180

a) Using excel Produce a 95% CI for the mean number of tickets sold for shows on Monday evening, using the format discussed in class. The dataset descriptions for this question may be inadequate. As you answer this question 'warn" about important missing information in your conditions assessment. Once you have completed your conditions assessment clearly list any assumptions that need to be made. After you list the required assumptions – if any - presume that everything is OK, and answer the rest of the question.

b) Is there any evidence that the population mean differs from 200 for shows on Monday evenings?

In: Statistics and Probability

The Hart Theater, owned by Paul Hart, will begin operations in March. The Hart will be...

The Hart Theater, owned by Paul Hart, will begin operations in March. The Hart will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Hart showed No. 101 Cash $8,000, No. 140 Land $22,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $10,000, No. 157 Equipment $8,000, No. 201 Accounts Payable $6,000, and No. 311 Common Stock $42,000. During the month of March, the following events and transactions occurred.

Mar. 2     Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,500; $1,000 was paid in cash and $2,500 will be paid on March 10.

         3     Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $260 per night.

         9     Received $4,000 cash from admissions.

         10     Paid balance due on Indiana Jones movies rental and $900 on March 1 accounts payable.

         11     Hart Theater contracted with D. Sarazan to operate the concession stand. Sarazan is to pay 15% of gross concession receipts (payable monthly) for the right to operate the concession stand.

         12     Paid advertising expenses $450.

         20     Received $5,400 cash from customers for admissions.

         20     Received the Lord of Rings movies and paid the rental fee of $2,600.

         31     Paid salaries of $2,500.

         31     Received statement from D. Sarazan showing gross receipts from concessions of $5,000 and the balance due to Hart Theater of $750 ($5,000 3 15%) for March. Sarazan paid one-half the balance due and will remit the remainder on April 5.

         31     Received $9,000 cash from customers for admissions.

In addition to the accounts identified above, the chart of accounts includes No. 112 Accounts Receivable, No. 400 Service Revenue, No. 429 Rent Revenue, No. 610 Advertising Expense, No. 729 Rent Expense, and No. 726 Salaries and Wages Expense.

Instructions

(a) Enter the beginning balances in the ledger. Insert a check mark (ü) in the reference column of the ledger for the beginning balance.

(b) Journalize the March transactions.

(c) Post the March journal entries to the ledger. Assume that all entries are posted from page 1 of the journal.

Trial balance totals $66,250

(d) Prepare a trial balance on March 31, 2019.

In: Accounting

The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be...

The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Starr showed: Cash $3,050, Land $23,000, Buildings (concession stand, projection room, ticket booth, and screen) $12,000, Equipment $12,000, Accounts Payable $6,300, and Owner’s Capital $43,750. During the month of March, the following events and transactions occurred.
Mar. 2 Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,200; $1,500 was paid in cash and $1,700 will be paid on March 10.
3 Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $200 per night.
9 Received $4,100 cash from admissions.
10 Paid balance due on Indiana Jones movies rental and $2,100 on March 1 accounts payable.
11 Starr Theater contracted with Adam Ladd to operate the concession stand. Ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.
12 Paid advertising expenses $900.
20 Received $5,500 cash from customers for admissions.
20 Received the Lord of the Rings movies and paid the rental fee of $2,000.
31 Paid salaries of $3,100.
31 Received statement from Adam Ladd showing gross receipts from concessions of $5,000 and the balance due to Starr Theater of $750 ($5,000 × 15%) for March. Ladd paid one-half the balance due and will remit the remainder on April 5.
31 Received $9,000 cash from customers for admissions.
1.) Enter the beginning balances in the ledger.

2.) Journalize the March transactions. Starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

3.)
Post the March journal entries to the ledger. (Post entries in the order of journal entries presented in the previous question.)

In: Accounting

Customers arrive at a movie theater at the advertised movie time only to find that they...

Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and pre-preview ads before the movie starts. Many complain that the time devoted to previews is too long.† A preliminary sample conducted by The Wall Street Journal showed that the standard deviation of the amount of time devoted to previews was 6 minutes. Use that as a planning value for the standard deviation in answering the following questions. (Round your answers up to the nearest whole number.)

(a)

If we want to estimate the population mean time for previews at movie theaters with a margin of error of 105 seconds, what sample size should be used? Assume 95% confidence.

(b)

If we want to estimate the population mean time for previews at movie theaters with a margin of error of 1 minute, what sample size should be used? Assume 95% confidence.

In: Statistics and Probability

A theater owner agrees to donate a portion of gross ticket sales to a charity •The...

A theater owner agrees to donate a portion of gross ticket sales to a charity

•The program will prompt the user to input:

−Movie name

−Adult ticket price

−Child ticket price

−Number of adult tickets sold

−Number of child tickets sold

−Percentage of gross amount to be donated

•Inputs: movie name, adult and child ticket price, # adult and child tickets sold, and percentage of the gross to be donated

•The program needs to:

1.Get the movie name

2.Get the price of an adult ticket price

3.Get the price of a child ticket price

4.Get the number of adult tickets sold

5.Get the number of child tickets sold

PLEASE USE C++

In: Computer Science

•A theater owner agrees to donate a portion of gross ticket sales to a charity •The...

•A theater owner agrees to donate a portion of gross ticket sales to a charity

•The program will prompt the user to input:

−Movie name

−Adult ticket price

−Child ticket price

−Number of adult tickets sold

−Number of child tickets sold

−Percentage of gross amount to be donated

•Inputs: movie name, adult and child ticket price, # adult and child tickets sold, and percentage of the gross to be donated

•The program needs to:

1.Get the movie name

2.Get the price of an adult ticket price

3.Get the price of a child ticket price

4.Get the number of adult tickets sold

5.Get the number of child tickets sold

USE C++

In: Computer Science