A study showed that 64% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result applies to its own product, the manufacturer of a national name-brand ketchup asked a sa 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 is less than 64%. Ho: P=0.64 H₂P 0.64 O Holp ≤ 0.64 H₂:p> 0.64 O Ho: P2 0.64 H₂P < 0.64 O Ho: P < 0.64 H₂P2 0.64 HOP >0.64 H₂P ≤ 0.64 (b) If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the national brand, what is the p-value? Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = (c) At a = 0.05, what is your conclusion? O Reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Do not reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Do not reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. (d) Should the national brand ketchup manufacturer be pleased with this conclusion? Explain. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the national overall percentage for all products. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand percentage for all products. O No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national br percentage for all products. No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the natic overall percentage for all products.

A study showed that 64% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result applies to its own product, the manufacturer of a national name-brand ketchup asked a sa 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 is less than 64%. Ho: P=0.64 H₂P 0.64 O Holp ≤ 0.64 H₂:p> 0.64 O Ho: P2 0.64 H₂P < 0.64 O Ho: P < 0.64 H₂P2 0.64 HOP >0.64 H₂P ≤ 0.64 (b) If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the national brand, what is the p-value? Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = (c) At a = 0.05, what is your conclusion? O Reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Do not reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Do not reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. (d) Should the national brand ketchup manufacturer be pleased with this conclusion? Explain. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the national overall percentage for all products. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand percentage for all products. O No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national br percentage for all products. No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the natic overall percentage for all products.

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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Transcribed Image Text:A study showed that 64% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result 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 is less than 64%. Ho: P = 0.64 H₂: P# 0.64 Ho: P = 0.64 H₂:p> 0.64 (c) O O Ho: P = 0.64 H: P < 0.64 O Ho: P < 0.64 H₂: PZ 0.64 Ho: P > 0.64 H₂: P ≤ 0.64 (b) If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the national brand, what is the p-value? Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = At a = 0.05, what is your conclusion? O Reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup O Do not reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Do not reject Ho. There is insufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. O Reject Ho. There is sufficient evidence to conclude that the percentage of supermarket shoppers who believe that supermarket ketchup is as good as the national brand ketchup is less than 64%. less than 64%. (d) Should the national brand ketchup manufacturer be pleased with this conclusion? Explain. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand ketchup was less than the overall percentage for all products. O Yes, the national brand ketchup manufacturer should be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand ketchup was less than the overall percentage for all products. O No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test indicated that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand ketchup was less than the overall percentage for all products. O No, the national brand ketchup manufacturer should not be pleased with this conclusion. The results of the hypothesis test did not indicate that the percentage of shoppers who believe that supermarket ketchup is as good as the national brand ketchup was less than the overall percentage for all products.

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