In 1996, it was estimated that about 72 percent of all U.S. households were cable TV sub- scribers. Newstime magazine’s editors were sure that their readers subscribed to cable TV at a higher rate than the general population and wanted to use this fact to sell advertising space for premium cable channels. To verify this, they sampled 250 of Newstime’s subscribers and found that 194 subscribed to cable TV. At a significance level of 2 percent, do the survey data support the editors’ belief?
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