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11. g points) More and more people are abandoning national brand products and buying store brand products to save money. The president of a company

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11. g points) More and more people are abandoning national brand products and buying store brand products to save money. The president of a company that produces national brand coffee claims that 40% of the people prefer to buy national brand coffee. A random sample of 800 people who buy coffee showed that 295 of them buy national brand coffee. Using u=0.05 and the p-value method, can you conclude that the percentage of people who buy national brand coffee is different from 40%? a. Write the Null and the Alternative hypothesis. b. Calculate the test statistics. c. Find the p-value. d. What is your conclusion

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