Question

Your local coffee shop is deciding whether or not to offer Coca-Cola. It is only viable...

Your local coffee shop is deciding whether or not to offer Coca-Cola. It is only viable for them to offer Coca-Cola if more than 33 percent of their customers buy the product. They survey 120 customers and find that 50 want to buy the product.

What are an appropriate null and alternative hypothesis?

What is the sample proportion?

What is the test statistic?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1.A poll of 64 people reveals that 63.7% prefer Pepsi to Coca-Cola. You want to test...
1.A poll of 64 people reveals that 63.7% prefer Pepsi to Coca-Cola. You want to test the hypothesis that among the population Coca-Cola is preferred to Pepsi. Report the z-statistic for this test. Note: Respondents only have the choice of the two, so Coca-Cola is preferred to Pepsi if the proportion who prefer Pepsi is less than 50%. 2.A poll of 67 Arizonans finds that 49.7% of them say they like Thai food. A similar poll of 62 Californians finds...
A brand new, local coffee shop must monitor the temperature at the coffee is brewed. Too...
A brand new, local coffee shop must monitor the temperature at the coffee is brewed. Too much variation will cause inconsistent taste. Over the first 6 months of business, the standard deviation in the temperature of the water was 1.5°F. A random sample of 30 pots in the first week of business in March had a standard deviation of 2.1°F. This is a new company, which does not want to incur unnecessary costs. So before the coffee shop calls in...
A coffee shop owner is worried about a slowdown in business because a new shop opened...
A coffee shop owner is worried about a slowdown in business because a new shop opened up one block away. Before the new shop opened, the owner’s customer traffic (customers per hour) was normally distributed with a mean of fourteen. The owner randomly surveyed sixteen hours and recorded a mean of thirteen customers per hour, a standard deviation of three customers per hour. Develop null and alternative hypothesis that will help deciding whether his shop is in trouble (when slowdown...
A coffee shop owner is worried about a slowdown in business because a new shop opened...
A coffee shop owner is worried about a slowdown in business because a new shop opened up one block away. Before the new shop opened, the owner’s customer traffic (customers per hour) was normally distributed with a mean of fourteen. The owner randomly surveyed sixteen hours and recorded a mean of thirteen customers per hour, a standard deviation of five customers per hour. Develop null and alternative hypothesis that will help deciding whether his shop is in trouble (when slowdown...
McDonald’s is offering a new product. You want to test to see whether more than sixty...
McDonald’s is offering a new product. You want to test to see whether more than sixty percent of customers will purchase the product. 200 customers are surveyed, and 125 say they will buy it. (a) Write down an appropriate null and alternative hypothesis. (b) Construct the test statistic. (c) Test your hypothesis at all levels.
A local Internet company claims that they offer wifi speeds in residential settings of 250 MBPs....
A local Internet company claims that they offer wifi speeds in residential settings of 250 MBPs. A consumer group suspects the actual average is far less than 250 MBPs. They take a sample of 20 wifi signals by the Internet company and calculate the average to be 260 MBPs. The signals are normally distributed with a standard deviation of 18. State the appropriate null and alternative hypotheses. Compute the value of the test statistic. Compute the p-value. What can we...
A hospital is wanting to know whether or not they should serve caffeinated coffee in their...
A hospital is wanting to know whether or not they should serve caffeinated coffee in their waiting rooms. The hospital tested 31 patients heart rates before coffee and then again after 2 cups of coffee. You are asked to determine if there is sufficient evidence to show that caffeinated coffee increases heart rate. 1. Identify the claim. 2. State the null and alternative hypotheses, in words and in symbolic form. 3. Explain what type of test you will be performing...
You have been hired by the Coca-Cola Company to determine if students at University prefer Coke...
You have been hired by the Coca-Cola Company to determine if students at University prefer Coke or Pepsi. A taste test was performed where students were given two identical cups and were asked to taste both drinks. They had to report which drink they prefer. It was found that 69 out of 125 students indicated they preferred cup that contained Coke. 1. (4 pts) What is the random variable in this problem? Does the random variable have a binomial distribution?...
You have been hired to test whether the demand for a product that your client produces...
You have been hired to test whether the demand for a product that your client produces varies between two demographic markets – the Urban and Rural markets. As such, in each market, you run a short survey that gauges customers demand for your product and assigns them to one of three categories – (i) High (ii) Medium or (iii) Low. You survey 70 people in the “Urban” market and find that their demand falls into the following “buckets” High                32...
demographic markets – the Urban and Rural markets. As such, in each market, you run a...
demographic markets – the Urban and Rural markets. As such, in each market, you run a short survey that gauges customers demand for your product and assigns them to one of three categories – (i) High (ii) Medium or (iii) Low. You survey 120 people in the “Urban” market and find that their demand falls into the following “buckets” High 42 Medium 36 Low 42 You survey 80 people in the “Rural” market time. Their demand for the product its...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT