Question
(NEED ASAP)Using the information from Question 8: A producer of chocolate candy bars has developed an improved recipe for one of their most popular brands.
(NEED ASAP)Using the information from Question 8:
A producer of chocolate candy bars has developed an improved recipe for one of their most popular brands. They are conducting taste tests using randomly selected mall shoppers. One hundred shoppers were given the original recipe bar to taste and to rate it on a scale of 1 to 10. Another hundred shoppers were given the new recipe candy bar to taste and to rate it on a scale of 1 to 10. The results are in the table below for statistical analysis. All of these analyses are run wtih a 95% level of confidence.
7.8 | 8.1 |
1.2 | 1.6 |
Perform the test and supply this information:
(a) What is the value of the test statistic?
(b) Find the probability of getting these results if there is no difference in preference between the two recipes.
(c) What is your conclusion? Is there evidence of a difference in consumer preference?
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