Based on the Nielsen Ratings,the Local CBS Affiliate Claims Its

question 69

Multiple Choice

Based on the Nielsen ratings,the local CBS affiliate claims its 11 p.m. newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers,36% indicated that they watch the late evening news on this local CBS station. What is your decision if α = 0.01?

• A)Fail to reject the null hypothesis.
• B)Reject the null hypothesis and conclude the newscast does not reach 41% of the audience.
• C)Fail to reject the alternate and conclude the newscast does not reach 41% of the audience.
• D)Reject the alternate and conclude the newscast reaches about 41% of the audience.

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Definitions:

Current Liabilities

Current liabilities are financial obligations a company is expected to pay within one year.

Short-term Investments

Short-term investments are financial assets that a company plans to convert into cash typically within a year, such as stocks or government bonds.

Payout Ratio

The percentage of earnings paid to shareholders in dividends, indicating how much money a company returns to its shareholders versus how much it retains for growth.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenue.