The owner of the Pizza Shack in Exercises 9.177 and 9.178 does not understand the use of

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The owner of the Pizza Shack in Exercises 9.177 and 9.178 does not understand the use of the normal distribution and z in Exercise 9.178. Help the manager interpret the meaning of the results by redoing both hypothesis tests using x = number of customers preferring the new crust as the test statistic and its binomial probability distribution. Use a one-tailed test with Ha: p = 0.50 and a = 0.02 The results were as follows: on Tuesday afternoon, they sampled 15 customers and 9 preferred the new pizza crust; on Friday evening, they sampled 200 customers and found 120 preferred the new pizza crust.
a. Is there sufficient evidence to conclude a significant preference for the new crust based on Tuesday’s customers?
b. Is there sufficient evidence to conclude a significant preference for the new crust based on Friday’s customers?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Elementary Statistics

ISBN: 9780538733502

11th Edition

Authors: Robert R. Johnson, Patricia J. Kuby

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