A telephone survey gives 601 consumers two choices: Do they prefer Coke or Pepsi? Exactly 248 of th
Question: 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?
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Deliverables: Word Document
Deliverables: Word Document
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