Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose that a survey is given by a consumer interest research group to7customers.The group would like to know if there is a difference inthe population
Suppose that a survey is given by a consumer interest research group to7customers.The group would like to know if there is a difference inthe population preference for Coke vs.Pepsi.Each customer is asked if they prefer Coke or Pepsi. The sample results are expressed by recording+1for each consumer who prefers Coke and-1for each consumer who prefers Pepsi.The data are given below.Calculate the p-value associated with the appropriatehypothesis test.Round your answer to4decimal places.
Data:+1,+1,+1,+1,+1,+1,+1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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