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 415 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 415 replied that they would be willing to pay. The marketing director of the company claims that less than 10% of all its subscribers would continue subscribing. Can you conclude that the director's claim is true? Use the a=0.01 level of significance with the P-value method and Excel.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section11.4: Two-ways Tables
Problem 7E
icon
Related questions
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 415 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 415 replied that they would be willing to pay. The marketing director of the company claims that less than 10% of all its subscribers would
continue subscribing. Can you conclude that the director's claim is true? Use the α = 0.01 level of significance with the P-value method and Excel.
Transcribed Image Text: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 415 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 415 replied that they would be willing to pay. The marketing director of the company claims that less than 10% of all its subscribers would continue subscribing. Can you conclude that the director's claim is true? Use the α = 0.01 level of significance with the P-value method and Excel.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 12 images

Blurred answer
Recommended textbooks for you
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL