Hypothesis Testing: TV network probability for cancelling a show
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A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show.
a. If a random sample of 1500 households with televisions is selected, what sample proportion values will lead to this show's cancellation? Assume a 5% significance level?
b. What is the probability that this show will be cancelled if 13.4% of all of viewing households are watching it?
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The solution determines a TV networks probability for cancelling a show. The expert uses hypothesis testing to determine this.
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A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show.
a. If a random sample of 1500 households with televisions is selected, what ...
Purchase this Solution
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