A food company claims that its new product, low-fat yogurt, is 99 % fat-free. The management wants

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A food company claims that its new product, low-fat yogurt, is 99 % fat-free. The management wants to keep the proportion of bad (not 99 % fat-free) products below 2 %. Inspectors check 500 cups of yogurt every month. In September, 20 cups of yogurt were discovered to be bad. Can you reject the null hypothesis that less than 2 % of the product is bad? Do a 5 % test.

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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