Question: Please help me Question two (7 marks) A nancier whose specialty is investing in movie productions has traced the gross revenue (in $ millions). In
Please help me

Question two (7 marks) A nancier whose specialty is investing in movie productions has traced the gross revenue (in $ millions). In a sample of 1500 movies 75% had big name stars. Of the movies with big name stars, 80% met the revenue requirement and for movies without \"big name\" stars revealed 60% met the revenue requirement. a. At the 0.01 level of signicance, 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
