Movie theaters make as much as 85% profit on items sold at the concession stand. Without snacks at the movies, there would be no movies! A theater owner suspected that less than half of his customers purchased food at the concession counter. To examine this claim, a random sample of 80 patrons was selected and 35 of them purchased food. a. State the hypotheses in symbols and words to test the theater owner's claim. b. Calculate the test statistic c. Calculate the p-value d. Interpret the p-value e. State the conclusion of the test.

Movie theaters make as much as 85% profit on items sold at the concession stand. Without snacks at the movies, there would be no movies! A theater owner suspected that less than half of his customers purchased food at the concession counter. To examine this claim, a random sample of 80 patrons was selected and 35 of them purchased food. a. State the hypotheses in symbols and words to test the theater owner's claim. b. Calculate the test statistic c. Calculate the p-value d. Interpret the p-value e. State the conclusion of the test.

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.CT: Chapter Test

Problem 24CT: Show the sample space of the experiment: toss a fair coin three times.

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