Pepsi invited consumers to take the pepsi challenge

Assignment Help Business Management
Reference no: EM1336738

A few years ago, Pepsi invited consumers to take the "Pepsi Challenge". Consumers were asked to decide which of the two sodas, Coke or Pepsi , they preferred in a blind taste test. Pepsi was interested in determining what factors played a role in people's taste preferences. One of the factors studied was the gender of the consumer.Below are the results of analyses comparing the taste preferences of men and women with the proportions depicting preferences for Pepsi.

Males:n=109, PSM=0.422018 Females: n=52, PSF= 0.25

PSM-PSF= 0.172018 Z=2.11825

Referring to the data above, suppose Pepsi wanted to test to determine if males preferred Pepsi more than females. Using the test statistic given, compute the appropriate p value for the test. I need this problem worked with a step by step explanation. Thanks in advance.

Reference no: EM1336738

Questions Cloud

Why are samples used instead of populations : Why are samples used instead of populations? for t test vrs. z test
Coke to ourconsumer what should we do if our goal : If it will cost us approximately $0.75/bottle to supply more Coke to our consumer what should we do if our goal is to maximize profit.
Business help-capital structure : Describe the influence of taxes and bankruptcy costs on optimal capital structure. If you were the current CFO of Rite-Aid Pharmacy, how would these considerations guide your decision making in the near future as you consider RA's capital structur..
Individual part of project team as a project manager : If you were a project manager, would you want this individual as part of your project team? What will you do to get him? How should an organization cope with this situation?
Pepsi invited consumers to take the pepsi challenge : Pepsi invited consumers to take the Pepsi Challenge.  Pepsi was interested in determining what factors played a role in people's taste preferences.
Assume a direct access file consists of sectors : assume a direct access file consists of sectors with 1024 byte capacity. Suppose also that records are 32 bytes long. On which logical sector do the following logical records lie? What is the relative record number in the sector?
Estimate the change in productivity for aztec : Estimate the change in productivity for Aztec  using the new assembly process.
Extroversion quality of big five personality factors : In the Big Five personality factors, extroversion is considered a "good" quality to have. Why might introversion be an equally positive quality?
Growth strategy : Why is "concentrated growth" considered the least risky strategy?

Reviews

Write a Review

Business Management Questions & Answers

  Isolation of independent and dependent variable

I am just having a terrible time with isolation of independent variable(s) versus dependent variable(s) in this scenario.

  Analyze relevant leadership concerns for global future

This paper delivers an opportunity to analyze relevant leadership concerns for an increasingly global future as well as commit to an emerging leadership theory that is appropriate to guide enactment of the leadership agenda

  Find the potential problems with the experimental design

Find the potential problems with this experimental design and the procedures used? How might you do the test differently?

  Relative to electronic communications

Should an employee have an expectation of privacy relative to electronic communications when sending personal emails from the company computer?

  Accommodate different languages

Accommodate different languages.

  What is substitution effect in cpi calculation

What is substitution effect and how it factors in the calculation of the CPI?

  Quality management approaches

n a word processing document, create a table similar to the following. Column 1 of the table lists the 4 different quality management approaches. In the corresponding cell of Column 2 write a little description summarizing each approach.

  Cultural environment and management style

Discuss how management styles vary internationally. In particular, consider how culture affects the decision making process, management's objectives, the importance of time and the degree of formality that occurs in business transactions

  Precedence relations between the activities

Create a list of the activities required to complete the home design. Next, identify the precedence relations between the activities, and how much uncertainty exists in each activity.

  Understanding entrepreneurship and intrapreneurship

Describe the different risks, skill sets, organizational assets, and funding that would occur. How would the keys to success would have been different though both situation?

  Organization-s leaders impact their organization-s culture

How do an organization's leaders impact their organization's culture?

  Describe the pros and cons

List and explain the pros and cons of being a technological leader as a functional strategy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd