Question: QUESTION 20 What is your conclusion? Reject the Ho. Do not reject the Ho. QUESTION 21 What is your interpretation of the conclusion? The percentage


QUESTION 20 What is your conclusion? Reject the Ho. Do not reject the Ho. QUESTION 21 What is your interpretation of the conclusion? The percentage the shoppers who consider the ketchup manufacturer national-brand to be better than the supermarket-brand is NOT "SIGNIFICANTLY" MORE THAN 40%. The percentage the shoppers who consider the ketchup manufacturer national-brand to be better than the supermarket-brand is "SIGNIFICANTLY" MORE THAN 40%.Data for Questions 15-21. A study by Consumer Research showed that only 40% of supermarket shoppers believed that national name brands are better than supermarket brands. To investigate whether this result applies to its owned product, the manufacturer of a national name-brand salsa asked a sample of 200 shoppers whether they believed that its national-brand salsa is better than supermarket-brand ketchup, and 90 shoppers said "yes." The salsa manufactur wants to find out whether more than 40% (0.40) of the shoppers consider its national brand name to be "better" than the supermarket-brand salsa. Perform the test of significance using a = 5%. Is the sample size large enough to justify the Normal approximation for the sampling distribution of the sample proportion? Yes. O No. QUESTION 16 State the hypotheses. O Ho: p = 0.40 vs. HA: P # 40 O Ho: p = 0.40 VS. HA: p > 40 O Ho: p = 0.40 vs. HA: p
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
