A movie production company is releasing a movie with the hopes of many viewers returning to see the movie in theater for a 2nd time. The target is to have 30 million viewers and they want more than 30% of the viewers to return to see the movie again. They show the movie to a test audience of 200 people. After the movie they asked them if they would see the movie in theaters again. Of the test audience 68 people said they would see it again.

A. Explain what the p-value is
B. What is the p-value for the test statistic.
C. What is the statistical devision when the alpha=0.05
D. Explain the managerial conclusion for this situation.

p-value  = 0.1085 and we will not reject the null hypothesis.

Step-by-step explanation:

Since we have given that

Hypothesis are :

Here, n = 200

x = 68

So,

So, the test statistic value would be :

So, the value of statistic value is 1.234.

And the p-value = 0.1085 at 5% level of significance.

So, 0.1085 <  1.234,

So, we will not reject the null hypothesis.

Hence, p-value  = 0.1085 and we will not reject the null hypothesis.

neither i nor ii 56 / 4.9 = 11.91489362 and 82 / (11+5) =5.125 so i is wrong

ii. (24/8+2) times 3 = 15 and (42+9)/2 =25.5

step-by-step explanation:

56

let x be the money she spent so that she can earn the free t-shirt.

since, she already spent $112.49

⇒

also, as per the statement: jennifer must spend $250 or more in order to qualify for a free t-shirt at the store.

then,

we have an inequality i.,e

subtract 112.49 from both sides we get;

therefore, $137. 51 more money does jennifer need to spend so that she can earn the free t-shirt