User Account

All Pages

Determining population when confidence given

Assignment Help Basic Statistics
Reference no: EM1316453

A new soft drink is being market tested. A sample of 400 individuals participated in the taste test and 100 indicated that they like the taste. We are interested in determine 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.

Reference no: EM1316453

Questions Cloud

Find the maximum and minimum concavitiy : Find the maximum and minimum concavitiy
Find the total amount of property : Finance basics - Multiple choice - Find the total amount of property, plant, and equipment that will appear on the balance sheet?
Find the probability using the poisson distribution : Find the probability using the Poisson distribution.
Elucidate this data use an appropriate statistical test : Elucidate this data use an appropriate statistical test to explain whether the population mean TV "on" time has declined in the past decade.
Determining population when confidence given : At 95% confidence, test to determine if more than 21% of the population will like the new soft drink.
Computation of yield on treasury bond with given data : Computation of yield on Treasury bond with given data and The market expects that inflation will be 3 percent each year for the next 5 years
Multiple choice questions on transactions : Multiple choice questions on transactions - How long until these bonds may first be called and What is the bond's yield to call?
Demand curve for stadium seats : The owner of the Los Angeles Dodgers has commissioned a study that  showed the demand by fans for stadium seats (per playing date) to be  P = 22 - 0.2Q-How much revenue does the owner make at the current price?
Find the probability using hypergeometric distribution : Find the probability that 4 of the 5 committee members belong to a union.Find the probability using hypergeometric distribution.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining mean and standard deviation ofdistribution

Determine the mean and standard deviation of this distribution?

  Probability concept

What is the probability of finding 1 or more children with chronic bronchitis in a population where the incidence rate of chronic bronchitis is 10% (like the one above?)

  Probability depend on binomial distribution

Find the probability that exactly 15 flights arrive on time.

  Density curve displayed

the maximum point total for the quarter was 200. The point totals for the 10 students are given in the stemplot below. For the density curve displayed below, which of the following is true?

  Linear regression model-multiple

How variable is the number of service calls with which Sam's department must deal?

  Testing hypotheses for critical value

The hypothesis is to be tested at the 5% level of significance. The critical value from the table equals:

  Administrator providing the course material

Suppose it costs $25 per student for the administrators to provide the course materials.

  P-value associated with sample result

What is the p-value associated with the above sample result?

  Binomial distribution concept

A business owner decides to use a binomial distribution to solve one of his problems.

  Describing whether smoking is confounder

A case-control study of relationship between liver cirrhosis among both non alcoholics and alcoholics. Describe whether smoking is confounder.

  Nba game for normally distributed

Assume that the length X in minutes of a regular season NBA game is normally Distributed with X~N (µ X , σ 2 X );

  Computing and interpreting suitable measure of association

Draw the suitable 2x2 table, compute and interpret suitable measure of association.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd