Examlex

Solved

A Movie Critic Wanted to Determine Whether or Not Moviegoers

question 121

Short Answer

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.  Movie Ratings  Teenager  Young Adult  Middle Age  Seni or 32334324331432233223413423144243\begin{array} { | c | c | c | c | } \hline & { \text { Movie Ratings } } \\\hline \text { Teenager } & \text { Young Adult } & \text { Middle Age } & \text { Seni or } \\\hline 3 & 2 & 3 & 3 \\\hline 4 & 3 & 2 & 4 \\\hline 3 & 3 & 1 & 4 \\\hline 3 & 2 & 2 & 3 \\\hline 3 & 2 & 2 & 3 \\\hline 4 & 1 & 3 & 4 \\\hline 2 & 3 & 1 & 4 \\\hline 4 & 2 & 4 & 3 \\\hline\end{array} Use Excel to find the exact p-value for this test.


Definitions:

Carrying Cost

The total cost of holding inventory, including storage, handling, insurance, and opportunity costs, among others.

Warehouse Security

Measures and practices implemented to protect stored goods, inventory, and facilities from theft, damage, and other risks.

Finding Suppliers

Refers to the process of identifying and selecting vendors or manufacturers that can provide the necessary goods or services for a business.

Machinery Set-Ups

The process and cost associated with configuring and preparing industrial machinery for a specific production run.

Related Questions