Assume a media agency reports that it takes television streaming service subscribers in the U.S. an average of 6.60 days watch the entire first season of a television series, with a standard deviation of 4.21 days. Scarlett is an analyst for an onl television and movie streaming service company that targets to the 18-50 age bracket. She wants to determine if her company's customers exhibit shorter viewing rates for their series offerings. Scarlett plans to conduct a one-sample z-tes with significance level of a = 0.05, to test the null hypothesis, Ho: µ = 6.60 days, against the alternative hypothesis, H1: µ < 6.60 days. The variable µ is the mean amount of time, in days, that it takes for customers to watch the first seas of a television series. Scarlett selects a simple random sample of 740 customers who watched the first season of a television series from the company database of over 25,000 customers that qualified. She compiles the summary statistics shown in the table.
Assume a media agency reports that it takes television streaming service subscribers in the U.S. an average of 6.60 days watch the entire first season of a television series, with a standard deviation of 4.21 days. Scarlett is an analyst for an onl television and movie streaming service company that targets to the 18-50 age bracket. She wants to determine if her company's customers exhibit shorter viewing rates for their series offerings. Scarlett plans to conduct a one-sample z-tes with significance level of a = 0.05, to test the null hypothesis, Ho: µ = 6.60 days, against the alternative hypothesis, H1: µ < 6.60 days. The variable µ is the mean amount of time, in days, that it takes for customers to watch the first seas of a television series. Scarlett selects a simple random sample of 740 customers who watched the first season of a television series from the company database of over 25,000 customers that qualified. She compiles the summary statistics shown in the table.
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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Transcribed Image Text:Assume a media agency reports that it takes television streaming service subscribers in the U.S. an average of 6.60 days to
watch the entire first season of a television series, with a standard deviation of 4.21 days. Scarlett is an analyst for an online
television and movie streaming service company that targets to the 18-50 age bracket. She wants to determine if her
company's customers exhibit shorter viewing rates for their series offerings. Scarlett plans to conduct a one-sample z-test,
with significance level of a = 0.05, to test the null hypothesis, Ho: µ = 6.60 days, against the alternative hypothesis,
H1: µ < 6.60 days. The variable u is the mean amount of time, in days, that it takes for customers to watch the first season
of a television series.
Scarlett selects a simple random sample of 740 customers who watched the first season of a television series from the
company database of over 25,000 customers that qualified. She compiles the summary statistics shown in the table.

Transcribed Image Text:Sample
Sample
Standard
size
mean
error
SE
740
6.32
0.1548
Compute the P-value for Scarlett's hypothesis test directly using a normalcdf function on a TI calculator or by using
software. You may find some software manuals helpful. Provide your answer with precision to four decimal places. Avoid
rounding until the final step.
P-value =
.035
Incorrect
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