Tv network probability for cancelling show

Assignment Help Accounting Basics
Reference no: EM13115604

A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show.

a. If a random sample of 1500 households with televisions is selected, what sample proportion values will lead to this show's cancellation? Assume a 5% significance level?

b. What is the probability that this show will be cancelled if 13.4% of all of viewing households are watching it?

Reference no: EM13115604

Questions Cloud

Specific heat capacity is a material''s ability to increase : Specific Heat Capacity is a material's ability to increase in temperature given a specific amount of absorbed heat. In other words, the higher the Specific Heat of a material, the more easily its temperature will increase with absorption of energy..
Differences between probability and non-probability sample : Discuss the differences between a probability and a non-probability sample. Under what circumstances would each be used?
Prepare a fictional scenario that demonstrates services : Prepare a fictional scenario that demonstrates how services rendered for a patient visiting a doctor's office would be handled. Be sure to include all five steps and describe each in terms of your scenario.
Evaluate the total power radiated by the sun : The average intensity of solar radiation incident on the upper atmosphere of the earth is 1390 W/m2. Assuming the sun emits radiation uniformly in all directions, evaluate the total power radiated by the sun.
Tv network probability for cancelling show : A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show.
Find probability that at least one of the units is defective : A shipment of 150 television sets contains three defective units. If a vending company buys three of the units in the shipment, what is the probability that at least one of the units is defective?
Explain how far is the spring compressed : The initial height of the block is 0.5 m above the lowest part of the slide and the spring constant is 450 N/m.What is the block's speed when it is at a height of 0.25 m above the base of the slide? Explain how far is the spring compressed?
Statistical process control methods : Watson Electric produces bulbs for emergency flashlights. The following data on the number of lumens (i.e. lumens measure the level of "brightness") for 40-watt bulbs were collected when the process was in control.
Explain the concept of wave particle duality : Explain the concept of Wave Particle Duality remembering to include experimental evidence.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Traditional overhead allocation

List and describe four potential problems with a "traditional" overhead allocation system. List and describe four "red flags" that may indicate you should consider revising your overhead allocation system.

  Journal entries to record the issuance

Make journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases

  Article analysis using macroeconommic indices

Conduct an analysis of recent article and provide their evaluation and outcome expectations in written paper of 1500-2500 words that discusses:

  Implementing change in accounting

Explain briefly the difference between those two methods of applying an accounting change. First give a definition of the two types of applications and then answering this question: If I were going to switch depreciation methods from straight line ..

  Compute interest expenses from given data

Income statement, Little Books Inc. recently reported $3 million of net income. Its EBIT was $6 million, and its tax rate was 40 percent.

  Allowance-direct write-off method

What is possible "consequence" of using the allowance method rather than the direct write-off method? The method fits the matching principle, is GAAP, the SEC likes it better, sounds better for investors, what could be bad?

  Determining performance evaluation-residual income

Calculate net operating income and residual income for each division. Compare the two divisions and discuss the usefulness of ROI and residual income for the purpose of comparing the divisions.

  Computing regular corporate tax and corporate amt

What is Gigantic Corporation's net tax liability if its taxable income is $325,000 and it has a general business credit of $125,000?

  Several topics in accounting

Performance measurement: introduction to financial statement analysis; assessing firm level performance and an introduction to FSA.

  Cost recovery deduction of asset

The income from the business before the cost recovery deduction and the 179 deduction was 810k. She takes additional first year depreciation. Determine the cost recovery deduction with respect to the asset for 2013.

  Journal entries-consignment sales

Green Lawn Chemical company sells lawn and garden chemicals through several hundred garden suppy stores and department store garden shops. Assume Green Lawn shipped goods costing Green Lawn $8400 and with a wholesale price (i.e. price to the retai..

  Book value-market value

Filer Manufacturing has 9.5 million shares of common stock outstanding. The current share price is $53 and the book value per share is $5.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd