If Jackson turns on his favorite TV station at a randomly selected time, the probability that the current show will be on a commercial break is 0.35. Which of the following is the correct interpretation of this probability? 35% of the money that Jackson’s favorite TV channel makes comes from advertising. For every 100 minutes Jackson watches his favorite TV station, 35 of those minutes will be taken up by commercials. Tomorrow, Jackson's favorite TV station will run commercials for 35% of the air time. If you take a very large sample of the times Jackson tunes in to his favorite TV station, a commercial will be on about 35% of the time.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
If Jackson turns on his favorite TV station at a randomly selected time, the probability that the current show will be on a commercial break is 0.35. Which of the following is the correct interpretation of this probability? 35% of the money that Jackson’s favorite TV channel makes comes from advertising. For every 100 minutes Jackson watches his favorite TV station, 35 of those minutes will be taken up by commercials. Tomorrow, Jackson's favorite TV station will run commercials for 35% of the air time. If you take a very large sample of the times Jackson tunes in to his favorite TV station, a commercial will be on about 35% of the time.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman