A Hollywood studio believes that a movie that is considered a drama will draw a larger crowd on average than a movie that is considered a comedy. To test this theory,the studio randomly selects several movies that are classified as dramas and several movies that are classified as comedies and determines the box office revenue foreach movie. The results of the survey are as follows. Do the data substantiate the studio's belief that dramas will draw a larger crowd on average than comedies atα = 0.01? Let dramas be Population 1 and comedies be Population 2. Assume that the population variances are approximately equal.Box Office Revenues(Millions of Dollars)n x14 150 5016 120 20DramaComedyCopy DataStep 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.S

The sample information for the data from the two populations is given as:nsDrama1415050Comedy1612020

Answered: A Hollywood studio believes that a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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