Theaters losing out to living rooms

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The article "Theaters Losing Out to Living Rooms" (San Luis Obispo Tribune, 6/17/2005) states that movie attendance declined in 2005. The AP found that 730 out of 1000 randomly selected adult Americans preferred to watch movies at home rather than at a movie theater. Is there convincing evidence that the majority of adult Americans prefer to watch movies at home? Test the relevant hypotheses using a .05 significance level.

Reference no: EM132848082

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