An article claims that movie attendance in the us has

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An article claims that movie attendance in the U.S. has declined significantly since 2008, but that there is still a minority of adult Americans who prefer to watch movies at home rather than at a theater. A survey found that 53 out of 110 randomly selected adult Americans preferred to watch movies at home rather than at a movie theater. Do the results of this survey suggest that significantly less than half of the U.S. adult population prefer to watch movies at home rather than at a theater? Conduct this test using a 0.03 significance level.

1. What is the value for (symbol of p with a line over it)?

2. What is the value for the z-statistic?

3. What is the p-value?

Please show work or explain how the answer was found.

Reference no: EM13613280

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