document.write( "Question 574039: A new television series must show that it has at least 25% of the viewing audience after its initial 13- week run, in order to be judged successful. In a sample of 400 households, 112 were watching the series. At a 5% significance level, would the series be judged successful on the basis of this sample information? \n" ); document.write( "
Algebra.Com's Answer #368955 by stanbon(75887) ![]() You can put this solution on YOUR website! A new television series must show that it has at least 25% of the viewing audience after its initial 13- week run, in order to be judged successful. In a sample of 400 households, 112 were watching the series. At a 5% significance level, would the series be judged successful on the basis of this sample information? \n" ); document.write( "----- \n" ); document.write( "Ho: p >= 0.25 \n" ); document.write( "Ha: p < 0.25 \n" ); document.write( "------------------------- \n" ); document.write( "sample proportion: p-hat = (112/400) = 0.28 \n" ); document.write( "------ \n" ); document.write( "z(0.28) = (0.28-0.25)/sqrt[0.25*0.75/400] = 1.3856 \n" ); document.write( "---- \n" ); document.write( "p-value = P(z > 1.3856) = normalcdf(1.3856,100) = 0.0829 \n" ); document.write( "---- \n" ); document.write( "Conclusion: since the p-value > 5%, fail to reject Ho. \n" ); document.write( "The test results support the success of the TV series. \n" ); document.write( "=================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============= \n" ); document.write( " \n" ); document.write( " |