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A telephone survey gives 377 consumers two choices: Do they prefer Coke or Pepsi? Exactly 79 of thos

Question: A telephone survey gives 377 consumers two choices: Do they prefer Coke or Pepsi? Exactly 79 of those surveyed state that they prefer Coke. Assuming that Assume a = 0.05, test the hypothesis that the proportion of the population that prefers Coke is 60%. • 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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Solution Format: Word Document


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