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19 What is the critical value? * O 12.59 O 11.07 O 9.24 20 What is the standardized test statistic? * O 10.901 O 9.167 O 11.071 21 What is the statistical decision? * O Do not Reject null hypothesis: The Market does not have preference O Reject null hypothesis: The Market does have preference

19 What is the critical value? * O 12.59 O 11.07 O 9.24 20 What is the standardized test statistic? * O 10.901 O 9.167 O 11.071 21 What is the statistical decision? * O Do not Reject null hypothesis: The Market does not have preference O Reject null hypothesis: The Market does have preference

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Number Brand Preferring Brand A 50 CASELET 3 В 65 45 70 70 The Bitter Bottling Company has developed "Featherweight," the cola with fewer calories and less taste. To evaluate this new product, the marketing manager gives a taste test to a random sample of 300 people. Each person in the sample tastes Featherweight and 4 other diet cola brands. To avoid bias, the actual brand labels are replaced by the letters A, B, C, D, and E. The results of the sample are shown in the following table: Do the customers prefer a particular brand more than the others? Use an alpha of 0.05. BCDE
Transcribed Image Text:Number Brand Preferring Brand A 50 CASELET 3 В 65 45 70 70 The Bitter Bottling Company has developed "Featherweight," the cola with fewer calories and less taste. To evaluate this new product, the marketing manager gives a taste test to a random sample of 300 people. Each person in the sample tastes Featherweight and 4 other diet cola brands. To avoid bias, the actual brand labels are replaced by the letters A, B, C, D, and E. The results of the sample are shown in the following table: Do the customers prefer a particular brand more than the others? Use an alpha of 0.05. BCDE
19 What is the critical value? * . O 12.59 O 11.07 O 9.24 20 What is the standardized test statistic? * O 10.901 O 9.167 O 11.071 21 What is the statistical decision? * O Do not Reject null hypothesis: The Market does not have preference O Reject null hypothesis: The Market does have preference
Transcribed Image Text:19 What is the critical value? * . O 12.59 O 11.07 O 9.24 20 What is the standardized test statistic? * O 10.901 O 9.167 O 11.071 21 What is the statistical decision? * O Do not Reject null hypothesis: The Market does not have preference O Reject null hypothesis: The Market does have preference
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