Question
MAT-152-Statistics Hypothesis Testing Introduction Taste Test Are name brand products worth the extra money? Taste tests are among the most common uses of basic statistics.
MAT-152-Statistics
Hypothesis Testing Introduction
Taste Test
Are name brand products worth the extra money? Taste tests are among the most common uses of basic statistics. Below are the results of a taste-testing experiment to assess whether people tend to prefer the name brand cookie ($3.50 per pound) over the dollar store brand ($1 per pound) when the two are compared head-to-head. The cookies that were
Taste Test Data
Name: Brand Name Cookie (Fudge StripesTMby Keebler)
Tally: 19
Frequency: 19
Relative Frequency ?
Name: Dollar Store Brand (Oven BakedTMFudge Striped Shortbread Cookies)
Tally: 11
Frequency: 11
Relative Frequency ?
1. Which cookie is preferred? Call that one success and calculate ^P.
Test the hypothesis that there is no difference between the name brand cookie ($3.50 per pound) and the dollar store brand ($1 per pound).
2. State the null and alternative hypotheses.
H0:
Ha:
Test your hypotheses at the a = 0.05 significance level.
3. Be sure to include a sketch, the critical value, the decision rule, the test statistic, and your decision.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started