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Last year, the cost of making an indie movie is $23.5 million. This year, a random sample of 20 movies had an average cost of
Last year, the cost of making an "indie" movie is $23.5 million. This year, a random sample of 20 movies had an average cost of $28.5 million with a sample standard deviation of $8.2 million. With =.10, can you conclude that it costs more than average to make a movie? Assume normal distribution.
A: Calc test used
B: Z-Score
C: P-value
Step 4: Draw line
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