Author Question: Last year, a soft drink manufacturer had 21 of the market. In order to increase their portion of the ... (Read 134 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Last year, a soft drink manufacturer had 21 of the market. In order to increase their portion of the market, the manufacturer has introduced a new flavor in their soft drinks. A sample of 400 individuals participated in the taste test and 100 indicated that they like the taste. We are interested in determining if more than 21 of the population will like the new soft drink.
 a. Set up the null and the alternative hypotheses.
  b. Determine the test statistic.
  c. Determine the p-value.
  d. At 95 confidence, test to determine if more than 21 of the population will like the new soft drink.

Question 2

Last year, 50 of MNM, Inc employees were female. It is believed that there has been a reduction in the percentage of females in the company. This year, in a random sample of 400 employees, 180 were female.
 a. Give the null and the alternative hypotheses.
  b. At 95 confidence using the critical value approach, determine if there has been a significant reduction in the proportion of females.
  c. Show that the p-value approach results in the same conclusion as that of Part b.



zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

a. H0: p <= 0.21
Ha: p > 0.21
b. Test statistic Z = 1.96
c. p-value = 0.025
d. p-value = 0.025 < .05; therefore, reject Ho; more than 21 like the new drink.

Answer to Question 2

a. Ho: p  0.5
Ha: p < 0.5
b. Test statistic Z = -2.0 < -1.645; reject Ho; the proportion of female employees is significantly less than 50.
c. p-value = 0.0228 < 0.05; reject Ho.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library