Fiona is a manufacturer of barbecue sauce. She wants to determine the proportion of customers who prefer her brand over that of her major competitors. She sampled 100 consumers of barbecue sauce and found that 68 prefer her brand. At the 1% significance level, is there evidence that more than 60% of consumers of barbecue sauce prefer her brand? Find the p-value of the test. If the true proportion of customers who prefer her brand is 70%, what is the probability that Fiona will not detect this change?
Fiona is a manufacturer of barbecue sauce. She wants to determine the proportion of customers who prefer her brand over that of her major competitors. She sampled 100 consumers of barbecue sauce and found that 68 prefer her brand. At the 1% significance level, is there evidence that more than 60% of consumers of barbecue sauce prefer her brand? Find the p-value of the test. If the true proportion of customers who prefer her brand is 70%, what is the probability that Fiona will not detect this change?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:SELF CHECK
Fiona is a manufacturer of barbecue sauce. She wants to
determine the proportion of customers who prefer her
brand over that of her major competitors. She sampled
100 consumers of barbecue sauce and found that 68 prefer
her brand. At the 1% significance level, is there evidence
that more than 60% of consumers of barbecue sauce
prefer her brand? Find the p-value of the test. If the true
proportion of customers who prefer her brand is 70%,
what is the probability that Fiona will not detect this
change?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman