Question a movie production company is releasing a movie, Ask an Expert

Management Studies

Question: A movie production company is releasing a movie with the hopes of many viewers returning to see the movie in the theater for a second time. Their target is to have 30 million viewers, and they want more than 30% of the viewers to return to see the movie again. They show the movie to a test audience of 200 people, and after the movie they asked them if they would see the movie in theaters again. Of the test audience, 68 people said they would see the movie again.

a. At a 5% level of significance, test if more than 30% of the viewers will return to see the movie again.

b. Repeat the analysis at a 10% level of significance.

c. Interpret your results.

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Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92269801

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