The mayor of a town has proposed a plan for the construction of an adjoining bridge. a political study took a sample of 800 voters in the town and found that 59% of the residents favored construction. using the data, a political strategist wants to test the claim that the percentage of residents who favor construction is over 54%. determine the p-value of the test statistic. round your answer to four decimal places.

Your take on decision making process

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

What are two benefits of consumer programs