Hypotheses testing claims

Reference no: EM13111312

Using a significance level of 0.05 I want to conduct 3 hypothesis tests using the data below. I need to state my alternative and null hypotheses and test a claim about a proportion. I would like my claim to be that over 50% of movies made cost over 1 million dollars to make. If that is not a good claim to use in order to give me an example, please feel free to change the claim.

Test a claim about the mean with the population standard deviation unknown and again would like to use the traditional method unless it won't work for my data.

Reference no: EM13111312

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