In 2011, Brand A MP3 Players had 45% of the market, Brand B had 35%, and Brand C had 20%. This year the makers of brand C launched a heavy advertising campaign. A random sample of electronic stores shows that of 10,000 MP3 Players sold, 4,350 were Brand A, 3,450 were Brand B, and 2,200 were Brand C. Has the market changed? Test at a = 0.01. Please state the null and alternative hypothesis, identify critical values, calculate the test statistic, and interpret the results of the test.
In 2011, Brand A MP3 Players had 45% of the market, Brand B had 35%, and Brand C had 20%. This year the makers of brand C launched a heavy advertising campaign. A random sample of electronic stores shows that of 10,000 MP3 Players sold, 4,350 were Brand A, 3,450 were Brand B, and 2,200 were Brand C. Has the market changed? Test at a = 0.01. Please state the null and alternative hypothesis, identify critical values, calculate the test statistic, and interpret the results of the test.
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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- In 2011, Brand A MP3 Players had 45% of the market, Brand B had 35%, and Brand C had 20%. This year the makers of brand C launched a heavy advertising campaign. A random sample of electronic stores shows that of 10,000 MP3 Players sold, 4,350 were Brand A, 3,450 were Brand B, and 2,200 were Brand C. Has the market changed? Test at a = 0.01. Please state the null and alternative hypothesis, identify critical values, calculate the test statistic, and interpret the results of the test.
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