Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

17. [-/5 Points] DETAILS You may need to use the appropriate appendix table or technology to answer this question Last year, a soft drink

image text in transcribed

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete and Combinatorial Mathematics An Applied Introduction

Authors: Ralph P. Grimaldi

5th edition

201726343, 978-0201726343

More Books

Students also viewed these Mathematics questions

Question

=+1. Which group improved most, and which improved least?

Answered: 1 week ago

Question

=+1. Define psychotherapy and biological therapy.

Answered: 1 week ago