Percentage of Theme Park Visits Each year, billions of dollars are spent at theme parks owned by

Question:

Percentage of Theme Park Visits Each year, billions of dollars are spent at theme parks owned by Disney, Universal Studios, Sea World, Busch Gardens, and others. A survey of 1233 people who took trips revealed that 111 of them included a visit to a theme park (based on data from the Travel Industry Association of America). Based on those survey results, management consultant Laura Croft claims that less than 10%
of trips include a theme park visit. Use a 0.05 significance level to test her claim.
Would it be wise for her to use that claim in trying to convince theme park management to increase advertising spending?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Elementary Statistics

ISBN: 9780201775709

9th Edition

Authors: Mario F. Triola

Question Posted: