Watching the News A researcher claims viewers spend an average of 40 minutes per day watching the news. You think the average is higher than that. In testing your hypotheses H 0: m = 40 vs. H 1: m > 40, the following information came from your random sample of viewers: 
= 42 minutes, n = 25. Assume s = 5.5, and a = 0.10. {Watching the News Narrative} Determine the p -value.
Definitions:
Estimated Inventory
Estimated inventory represents a company's approximation or forecast of the inventory it has, which can be used for planning, budgeting, or as part of the inventory valuation process.
Production Budget
A financial plan that estimates the number of units to be produced to meet the sales goals and inventory needs.
Cassette Recorders
Electronic devices used for recording audio onto a magnetic tape housed in a cassette.
Cash Budget
A plan that estimates future cash inflows and outflows over a specific period of time.
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