CherryBerry Soda, Inc. claims that 15 percent of the population can identify its products. In effort
Question: CherryBerry Soda, Inc. claims that 15 percent of the population can identify its products. In efforts to boost their identity, CherryBerry employs a famous spokesperson to advertise. A survey is then taken to assess the results of the ad campaign. The results show that 17 percent of the 1000 respondents can identify CherryBerry products. Has the advertising campaign increased product identity or is the difference due to chance? Use the 0.10 significance level.
a. State the null and alternate hypotheses.
b. State the decision rule. (Calculate critical values to answer this fully. The form is If z >zc Reject H0)
c. Compute the value of the test statistic. (Show me the values used to calculate test statistic. Include \(\hat{p}\) and p (the sample proportion)
d. What is your decision regarding the null hypothesis?
e. Interpret your result. (Was the ad campaign effective?)
Type of Deliverable: Word Document
