A company believes that it gains more than 30% of the total market share for ts products. To prove this belief, a random sample of 150 purchases of this product is contacted. In order to reject the null hypothesis at α= 0.05, out of 150 purchases, how many would need to purchase this company’s brand of the product
A company believes that it gains more than 30% of the total market share for ts products. To prove this belief, a random sample of 150 purchases of this product is contacted. In order to reject the null hypothesis at α= 0.05, out of 150 purchases, how many would need to purchase this company’s brand of the product
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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A company believes that it gains more than 30% of the total market share for ts products. To prove this belief, a random sample of 150 purchases of this product is contacted. In order to reject the null hypothesis at α= 0.05, out of 150 purchases, how many would need to purchase this company’s brand of the product?
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