Question
The makers of Momma Mia Lasagna want to know if more than half the population has tried their lasagna. The data collected from a survey
The makers of Momma Mia Lasagna want to know if more than half the population has tried their lasagna. The data collected from a survey study are in the file Momma Mia Lasagna.jmp.
- (2 pts.)Identify the parameter of interest.
- (2 pts.) Creating a frequency table and bar chart of the results. (hint: Analyze>Distribution select the column have tried for y columns and click ok).Paste the JMP output below.
- (1pt.) What is the estimated percent of people who have tried their lasagna?
- (1pt.) What is the sample size?
- (2 pts.) What are the hypotheses for this question?
- (1 pt.) What is the formula for the test statistic?
- (3 pts.) Is it appropriate to assume the test statistic has a Standard Normal distribution? Show rule of thumb calculations.
- (3 pts.) Calculate the value of the test statistic.
- (3 pts) Calculate the p-value.
- (1pt) Assuming a significance level of = 0.05, what is the decision?
- (1 pt.)What is the conclusion?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
18th edition
125969240X, 978-1259692406
