Monica A.

asked • 08/01/19

statistics question

Cable TV choices: A telecommunications company provided its cable TV subscribers with free access to a new sports channel for a period of one month. It then chose a sample of 400 television viewers and asked them whether they would be willing to pay an extra $10 per month to continue to access the channel. A total of 25 of the 400 replied that they would be willing to pay. The marketing director of the company claims that more than 5% of all its subscribers would pay for the channel. Can you conclude that the director’s claim is true? Use the α = 0.01 level of significance.



1 Expert Answer

By:

Nestor R. answered • 08/03/19

Tutor
5 (3)

Professional experienced using mathematics and statistics

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.