A 7,000-Seat Theater Is Interested in Determining Whether There Is

question 49

Multiple Choice

A 7,000-seat theater is interested in determining whether there is a difference in attendance between shows on Tuesday evening and those on Wednesday evening.Two independent samples of 25 weeks are collected for Tuesday and Wednesday.The mean attendance on Tuesday evening is calculated as 5,500,while the mean attendance on Wednesday evening is calculated as 5,850.The known population standard deviation for attendance on Tuesday evening is 550 and the known population standard deviation for attendance on Wednesday evening is 445.What are the appropriate hypotheses to determine whether there is a difference in attendance for shows on Tuesday evening and Wednesday evening? Use Tuesday attendance as population 1 mean μ₁ and Wednesday attendance as population 2 mean μ₂,or μ_D as the mean difference in matched-pairs sampling.

• A) H₀: µ_D ≥ 0,H_A: µ_D <0
• B) H₀: µ_D = 0,H_A: µ_D ≠ 0
• C) H₀: µ₁- µ₂ = 0,H_A: µ₁- µ₂ ≠ 0
• D) H₀: µ₁- µ₂ ≥ 0,H_A: µ₁- µ₂ < 0

---

Definitions:

Sequential Acquisition

An acquisition in which the ultimate parent acquires its shares in the immediate parent before the immediate parent acquires its shares in the ultimate subsidiary, or both acquisitions occur on the same date.

Ownership Structure

The way in which ownership rights and responsibilities are distributed among the various owners of a corporation, including shareholders and stakeholders.

Shares

represent units of ownership interest in a corporation or financial asset, providing shareholders with a claim on part of the company's assets and profits.

Non-Controlling Interest

An ownership interest in a subsidiary held by investors other than the parent company, reflecting their share of the equity and earnings of the subsidiary.