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A movie critic wanted to determine whether or not moviegoers of different age groups evaluated a movie differently. With this objective, he commissioned a survey that asked people their ratings of their most recently watched movies. The rating categories were:
1 = terrible.
2 = fair.
3 = good.
4 = excellent.
Each respondent was also asked to categorise his or her age as either:
1 = teenager.
2 = young adult (20-34).
3 = middle age (35-50).
4 = senior (over 50).
The results are shown below. Using the appropriate statistical table, what statement can be made about the p-value for the test?
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Expected Utility
The expected value of an individual’s total utility given uncertainty about future outcomes.
Repairs
Activities or processes aimed at restoring a damaged, broken, or malfunctioning object to its original or operating condition.
Risk-Averse
Risk-averse describes individuals or entities that prefer to avoid risk and would rather choose a certain outcome over a gamble with potentially higher, but uncertain, rewards.
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