12) The "Trydint" bubble-gum company announces that 60% of people prefer their brand over the leading competitor. The competitor claims that the proportion is less than 60%. They test their claim at a 5% significance level by surveying 150 people. They find that only 56% prefer the "Trydint" brand. Determine: H 0 : H A p-value p = Decision: Reject H OR Do not reject H 0 0 Conclusion:

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 26PFA
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12) The "Trydint" bubble-gum company announces that 60% of people prefer their brand over the leading
competitor. The competitor claims that the proportion is less than 60%.
They test their claim at a 5% significance level by surveying 150 people. They find that only 56% prefer the
"Trydint" brand.
Determine:
H
0
:
H
A
p-value
p =
Decision:
Reject H
OR
Do not reject H
0
0
Conclusion:
Transcribed Image Text:12) The "Trydint" bubble-gum company announces that 60% of people prefer their brand over the leading competitor. The competitor claims that the proportion is less than 60%. They test their claim at a 5% significance level by surveying 150 people. They find that only 56% prefer the "Trydint" brand. Determine: H 0 : H A p-value p = Decision: Reject H OR Do not reject H 0 0 Conclusion:
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