[Solution Library] 4.A telephone survey gives 601 consumers two choices: Do they prefer Coke or Pepsi? Exactly 248 of those surveyed state that they prefer Coke.


Question: 4.A telephone survey gives 601 consumers two choices: Do they prefer Coke or Pepsi?  Exactly 248 of those surveyed state that they prefer Coke.  Assuming that a = 0.02, test the hypothesis that the proportion of the population that prefers Coke is 70%.
State the null and alternate hypotheses
Calculate the sample proportion
Calculate the value of the test statistic.

-Determine the critical value(s).
State your decision: Should the null hypothesis be rejected?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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