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The National Football League (NFL)is Interested in Testing to See

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Essay

The National Football League (NFL)is interested in testing to see whether there is a difference in the proportion of male fans that prefer instant replay to review officials' calls and the proportion of female fans that prefer instant replay.It is believed that males tend to favor the practice to a higher degree than do females.To test this,random samples of male fans and female fans were selected and the following results were obtained: The National Football League (NFL)is interested in testing to see whether there is a difference in the proportion of male fans that prefer instant replay to review officials' calls and the proportion of female fans that prefer instant replay.It is believed that males tend to favor the practice to a higher degree than do females.To test this,random samples of male fans and female fans were selected and the following results were obtained:   Using a significance level equal to 0.05,what conclusion should be reached based on the sample data? Using a significance level equal to 0.05,what conclusion should be reached based on the sample data?


Definitions:

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single entity.

Fair Values

A valuation reflecting what an asset or liability might fetch in the marketplace, determined by the price it could be sold for or the cost to transfer the liability, during a well-organized exchange among participants on the date of valuation.

Consolidated Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a parent company and its subsidiaries as one single entity.

Fair Market Value

The price at which an asset would be exchanged between a willing buyer and seller in an arm's length transaction.

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