Scenario A. Movie executives are always looking at the bottom line, and even though a movie might make a huge amount of money, they might still consider it a “flop”. So, before greenlighting a new (but expensive to produce) movie, executives run a study to see if the budget is too high to recoup a future profit. They project that the movie’s budget is low enough to justify making the movie, as it is a good bet it will make a profit of at least $1. You think they made the correct call. Which is the alternative hypothesis? Ha profits > $0 Ha: profits = no profit (or $0)
Scenario A. Movie executives are always looking at the bottom line, and even though a movie might make a huge amount of money, they might still consider it a “flop”. So, before greenlighting a new (but expensive to produce) movie, executives run a study to see if the budget is too high to recoup a future profit. They project that the movie’s budget is low enough to justify making the movie, as it is a good bet it will make a profit of at least $1. You think they made the correct call. Which is the alternative hypothesis? Ha profits > $0 Ha: profits = no profit (or $0)
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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Scenario A. Movie executives are always looking at the bottom line, and even though a movie might make a huge amount of money, they might still consider it a “flop”. So, before greenlighting a new (but expensive to produce) movie, executives run a study to see if the budget is too high to recoup a future profit. They project that the movie’s budget is low enough to justify making the movie, as it is a good bet it will make a profit of at least $1. You think they made the correct call. Which is the alternative hypothesis?
Ha profits > $0
Ha: profits = no profit (or $0)
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