Question: Hypothesis Testing Question: Samsung is researching whether to introduce a new type of mobile phone. If more than 65% of the population likes the plan
Hypothesis Testing Question:
Samsung is researching whether to introduce a new type of mobile phone. If more than 65% of the population likes the plan then they will introduce it. Define the null and alternative hypotheses in this situation. Should this be a one-tailed or two-tailed test? Why? What is the critical Z value that should be used? Given the data below should the null hypothesis be rejected? What marketing action should Samsung take, if any?
Test Statistic Z (calculated) =Sample p = 77% (0.77)Sample p= 0.065
Zcritical(@ .95) = 1.645Zcritical(@ .975) = 1.96
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
