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QUESTION

With the introduction of HDTV, TV stations will eventually have to start producing and broadcasting their shows in this new (digital) standard.

With the introduction of HDTV, TV stations will eventually have to start producing and broadcasting their shows in this new (digital) standard. Newark Broadcasting Company (NBC), trying to decide on their own strategy, conducted a poll in major metropolitan areas and found that 39 households were likely to purchase an HDTV within the next 18 months, while the remaining 161 were not likely to purchase an HDTV within the next 18 months. Test the hypothesis that the proportion of households that are likely to purchase HDTV will be greater than 15%. Use a 5% level of significance.

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