A study by Consumer Reports showed that 65% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this resu applies to its own product, the manufacturer of a national name-brand ketchup asked a sample of shoppers whether they believed that supermarket ketchup was as good as the national brand ketchup. a. Formulate the hypotheses that could be used to determine whether the percentage of supermarket shoppers who believe that the supermarket ketchup was as good as the national brand ketchup differed from 65%. Ho: P Select your answer - H: P Select your answer - b. If a sample of 100 shoppers showed 54 stating that the supermarket brand was as good as the national brand, what is the p-value (to 4 decimals)? c. At a = 0.05, what is your conclusion? Tuvalu

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.