Answer:
Option B
<em>The best point estimate of the proportion of people attending the game who believe that the concession stand should be closer to the stands is:</em>
<em>p = 0.72.</em>
Step-by-step explanation:
We want to estimate the proportion of people who feel that the stand should be closer to the stands.
We have a sample of 150 people, of which 108 think that the stand should be closer to the stands.
A point estimator for the proportion p is 
.
Where
Where n represents the size of the sample and represents the number of favorable cases.
We know that 
and 
.
Then we can estimate p by the estimator
Answer:
Option D - Will not be rejected at the 0.05 level.
Step-by-step explanation:
The significance level, which is denoted as "α", is a measure of the strength of the evidence that must be present in a sample before we can reject the null hypothesis and conclude that the effect is statistically significant. Now, this significance level must be determined before conducting an experiment.
Now, in the context of this question, the significance level is the probability of rejecting the null hypothesis when it is true. For example, a significance level of 0.05 means a 5% risk of concluding that a difference exists when there is no actual difference. Now, lower significance levels will indicate that we require stronger evidence before we can reject the null hypothesis.
Thus, if we don't reject at α = 0.1,we obviously will not reject at higher values.
Thus, looking at the options, we will not reject at 0.05 significance level.
Answer: $15.51
Step-by-step explanation: 28.2 times 0.55 is $15.51
