"Trydint" bubble-gum company claims that 6 out of 10 people prefer their gum to "Eklypse". Test their claim using a 90% confidence interval. The null and alternative hypothesis in symbols would be: H0:p≤0.6 H0:p≤0.6 H1:p>0.6 H1:p>0.6 H0:p=0.6 H0:p=0.6 H1: p ≠ 0.6 H1:p≠0.6 H0: μ ≥ 0.6 H0: μ ≥ 0.6 H1:μ<0.6 H1:μ<0.6 H0:μ≤0.6 H0:μ≤0.6 H1:μ>0.6 H1:μ>0.6 H0:p≥0.6 H0:p≥0.6 H1:p<0.6 H1:p<0.6 H0:μ=0.6 H0:μ=0.6 H1:μ≠0.6 Based on a sample of 380 people, 216 said they prefer "Trydint" gum to "Eklypse". The point estimate is: _______ (to 3 decimals)
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Show work and formula please. I just need the point estimate. Thank you
"Trydint" bubble-gum company claims that 6 out of 10 people prefer their gum to "Eklypse". Test their claim using a 90% confidence interval.
The null and alternative hypothesis in symbols would be:
- H0:p≤0.6
- H0:p≤0.6
H1:p>0.6 - H1:p>0.6
- H0:p=0.6
- H0:p=0.6
- H1: p ≠ 0.6
- H1:p≠0.6
- H0: μ ≥ 0.6
- H0: μ ≥ 0.6
- H1:μ<0.6
- H1:μ<0.6
- H0:μ≤0.6
- H0:μ≤0.6
H1:μ>0.6 - H1:μ>0.6
- H0:p≥0.6
- H0:p≥0.6
H1:p<0.6 - H1:p<0.6
- H0:μ=0.6
- H0:μ=0.6
H1:μ≠0.6
Based on a sample of 380 people, 216 said they prefer "Trydint" gum to "Eklypse".
The point estimate is: _______ (to 3 decimals)
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