A financier whose specialty is investing in movie productions has traced the gross revenue (in $ millions). In a sample of 1500 movies 70% had big name stars. Of the movies with big name stars, 80% met the revenue requirement and for movies without “big-name” stars revealed 62% met the revenue requirement.

At the 0.01 level of significance, can we conclude that movies with big name stars are more likely meet the revenue requirement than movies without “big-name” stars? Use the p-value approach to hypothesis testing.