Cable Narrative A Cable Company in Ontario Is Thinking of Offering Its

question 75

Essay

Cable Narrative
A cable company in Ontario is thinking of offering its service in one of two cities: Guelph and Kitchener. Allegedly, there is a proportion of households in either city ready to be hooked up to the cable, but the company wants to test the claim. Accordingly, it takes a simple random sample in each city. In Guelph, 175 of 200 households say they will join. In Kitchener, 665 of 800 households say the same.
-Refer to Cable Narrative. Calculate the value of the test statistic.

---

Definitions:

Six-Figure Accuracy

Describes a level of precision in calculations or measurements that extends to at least six digits.

Exponent

The number of times that the base is used in repeated multiplication.

Solve For Vf

The process of calculating the future value of an investment or loan based on given variables and interest rates.

Nearest Cent

Rounding a monetary amount to the closest hundredth of a dollar.