A Hollywood studio believes that a movie that is considered a drama will draw a larger crowd on average than a movie that is considered a comedy
A Hollywood studio believes that a movie that is considered a drama will draw a larger crowd on average than a movie that is considered a comedy. To test this theory, the studio randomly selects several movies that are classified as dramas and several movies that are classified as comedies and determines the box office revenue for each movie. The results of the survey are as follows. Do the data substantiate the studio's belief that dramas will draw a larger crowd on average than comedies at α=0.01? Let dramas be Population 1 and comedies be Population 2. Assume that the population variances are approximately equal.
Box Office Revenues (Millions of Dollars)
n x¯ s
Drama 15 180 60
Comedy 13 140 20
a. State the null and alternative hypotheses for the test. Fill in the blank below.
b. Compute the value of the test statistic. Round your answer to three decimal places.
c. Make the decision and state the conclusion in terms of the original question.