Author Question: Last year, a soft drink manufacturer had 21 of the market. In order to increase their portion of the ... (Read 163 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?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library