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Sample questions from the ECON 380 exam paper that can be useful for revision for students taking the course

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ECON 380: business statics
Assignment 7
Due Date :17/1/2021




Problem

During the first few weeks of the new television season, the evening news audience proportions
were recorded as ABC- 31%, CBS- 34%, and NBC- 35%. A sample of 600 homes yielded the following
viewing audience data.



Number of
Homes

150
ABC

CBS 200

NBC 250


We want to determine whether or not there has been a significant change in the number of viewing
audience of the three networks.


a. State the null and alternative hypotheses to be tested.

b. Compute the expected frequencies.

c. Compute the test statistic.

d. The null hypothesis is to be tested at 95% confidence. Determine the critical value for this
test. What do you conclude?

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