Find the population will like the new soft drink

Assignment Help Basic Statistics

Reference no: EM13133831

A new soft drink is being market tested. A sample of 400 individuals participated in the taste test and 80 indicated they like the taste.

a. At a 5% significance level, test to determine if at least 22% of the population will like the new soft drink.
b. Determine the p-value.

Reference no: EM13133831

Questions Cloud

Determine the temperature : A rigid tank with a volume of 2.5 m3 contains 15 kg of saturated liquid-vapor mixture of water at 75 0C . The water is heated. Determine the temperature at which the liquid in the tank is completely vaporized.

One of several laws : The 1601 _________ was one of several laws introduced by the British parliament that reflected an increasingly compassionate attitude toward those that were the victim of unfortunate circumstances.

Advantage of international acquisitions : Which of the following is not an advantage of international acquisitions over the establishment of a new subsidiary?

Approximate value of the exports : Also assume that a U.S. exporter denominates its Swiss exports in Swiss francs and expects to receive SF600,000 in 1 year. Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that the fi..

Find the population will like the new soft drink : A sample of 400 individuals participated in the taste test and 80 indicated they like the taste. At a 5% significance level, test to determine if at least 22% of the population will like the new soft drink.

An area of practice where change theory may find applicable : Identify an area of practice where change theory may find applicability

Special shoes special discounts : Special Shoes Special Discounts.Best Pty Ltd has now received the latest delivery of the latest summer collection of shoes and sandals from Italy. Styles include the new sling back sandals and wedge heels.

Outline of the three-step writing process : This is an outline of the three-step writing process, which should apply to your analysis of a case study. Answer the case questions related to each step directly on this form. For the three-step process questions, you may use short phrases and sente..

Geometry-pythogorean theorem : A right triangle is a triangle with one angle measuring 90? In a right triangle, the sides are related by Pythagorean Theorem, , where c is the hypotenuse (the side opposite the 90?angle).

User Account

All Pages