A soft drink company is being market tested . A sample of 400 individuals participated in the taste test and 80 indicated they like the taste. A. At a 5% significance level, test a determine if at least 22% of the population will like the new soft drink. B. Determine the p- value
A soft drink company is being market tested . A sample of 400 individuals participated in the taste test and 80 indicated they like the taste. A. At a 5% significance level, test a determine if at least 22% of the population will like the new soft drink. B. Determine the p- value
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 soft drink company is being market tested . A sample of 400 individuals participated in the taste test and 80 indicated they like the taste.
A. At a 5% significance level, test a determine if at least 22% of the population will like the new soft drink.
B. Determine the p- value
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