Question: Question 8 ( 5 points ) Saved A soft drink manufacturer is interested in purchasing commercial time during a scheduled political briefing next week, and

Question 8(5 points)
Saved
A soft drink manufacturer is interested in purchasing commercial time during a scheduled political briefing next week, and an advertising executive believes the viewership should be around 47% of all cable streaming service subscribers. Assume a survey of 1000 people was taken and 433 plan to watch the Briefing. At a significance level of alpha =0.01, is it likely that the executive's belief is true?
Yes, because the value falls inside [0.3927,0.4733].
Yes, because , value does not fall inside 0.4023,0.4637.
No, because the sample was biased.
No, because the value falls inside [0.3927,0.4733].
No, because the value does not fall inside 0.4023,0.4637.Question 8(5 points)
Saved
A soft drink manufacturer is interested in purchasing commercial time during a scheduled political briefing next week, and an advertising executive believes the viewership should be around 47% of all cable streaming service subscribers. Assume a survey of 1000 people was taken and 433 plan to watch the Briefing. At a significance level of alpha =0.01, is it likely that the executive's belief is true?
Yes, because the value falls inside [0.3927,0.4733].
Yes, because , value does not fall inside 0.4023,0.4637.
No, because the sample was biased.
No, because the value falls inside [0.3927,0.4733].
No, because the value does not fall inside 0.4023,0.4637.
 Question 8(5 points) Saved A soft drink manufacturer is interested in

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!