Question
The Blue Diamond Company advertises that their nut mix contains (by weight) 40% cashews, 15% Brazil nuts, 20% almonds and only 25% peanuts. The truth-in-advertising
The Blue Diamond Company advertises that their nut mix contains (by weight) 40% cashews, 15% Brazil nuts, 20% almonds and only 25% peanuts. The truth-in-advertising investigators took a random sample (of size 20 lbs) of the nut mix and found the distribution to be as follows: 5 lbs of Cashews, 5 lbs of Brazil nuts, 5 lbs of Almonds and 5 lbs of Peanuts. At the 0.05 level of significance, is the claim made by Blue Diamond true?
Select the [p-value, Decision to Reject (RH0) or Failure to Reject (FRH0)].
a)[p-value = 0.439, RH0]
b)[p-value = 0.100, FRH0]
c)[p-value = 0.100, RH0]
d)[p-value = 0.439, FRH0]
e)[p-value = 0.219, RH0]
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