Time-Series Graphs. In Exercises construct the time-series

Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola

Problem 9BSC Chapter 2.4

Elementary Statistics | 12th Edition

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Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola

Elementary Statistics | 12th Edition

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Problem 9BSC

Time-Series Graphs. In Exercises construct the time-series graph.

Harry Potter Listed below are the gross amounts (in millions of dollars) earned from box office receipts for the movie Harry Potter and the Half-Blood Prince. The movie opened on a Wednesday, and the amounts are listed in order for the first 14 days of the movie’s release. Suggest an explanation for the fact that the three highest amounts are the first, third, and fourth values listed.

Step-by-Step Solution:

Answer :

Step 1 of 1 :

Given Harry Potter Listed below are the gross amounts (in millions of dollars) earned from box office receipts for the movie Harry Potter and the Half-Blood Prince. The movie opened on a Wednesday, and the amounts are listed in order for the first 14 days of the movie’s release. Suggest an explanation for the fact that the three highest amounts are the first, third, and fourth values listed.

58,22,27,29,21,10,10,8,7,9,11,9,4,4

Answer :

Here the first amount is highest for the opening day, when many Harry Potter fans are most eager to see the movie; the third and fourth values are from the first Friday and the first Saturday, which are the popular weekend days when movie attendance tends to spike.

We know that data values.

...

1

58

Step 2 of 3

Chapter 2.4, Problem 9BSC is Solved
Step 3 of 3

Textbook: Elementary Statistics
Edition: 12th
Author: Mario F. Triola
ISBN: 9780321836960

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