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17. [-/5 Points] DETAILS You may need to use the appropriate appendix table or technology to answer this question Last year, a soft drink
17. [-/5 Points] DETAILS You may need to use the appropriate appendix table or technology to answer this question Last year, a soft drink manufacturer had 21% of the market. In order to increase their portion of the market, the manufacturer has introduced a new favor in their soft drinks. A sample of 400 individuals participated in the taste test and 105 indicated that they like the taste. We are interested in determining if more than 21% of the population will like the new soft drink (a) Set up the null and the alternative hypotheses. (Enter 1 for as needed.) H (b) Determine the test statistic. (Round your answer to two decimal places.) (c) Determine the p-value. (Round your answer to four decimal places.) p-value (d) Using a 0.05, test to determine if more than 21% of the population will like the new soft drink. Do not reject Ho. There is sufficient evidence that more than 21% of the population will like the new soft drink. O Reject Ho Reject H. There is insufficient evidence that more than 21% of the population will like the new soft drink. There is sufficient evidence that more than 21% of the population will like the new soft drink. O Do not reject H. There is insufficient evidence that more than 21% of the population will like the new soft drink
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