Question: 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 new soft drink is being market tested. A sample of 400 individuals participated in the taste test and 80 indicated they like the taste. Conduct the following hypothesis test at 5% significance level.
Null Hypothesis: At least 22% of the population will like the new soft drink.
Alternative Hypothesis: Less than 22% of the population will like the new soft drink.
A. Accept the null
B. Reject the null
C. None of these
D. Do not reject the null
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