Alternative hypotheses for coca-cola

Reference no: EM13113773

In a new advertising campaign, Coca-Cola pokes fun at the decision to revive its famous contoured bottle. Atlanta based Coke faced significant technical hurdles in bringing out the well-known bottle in a new material: plastic. Coke also conducted extensive marketing tests to make sure that one of the world's best known packaged, seldom seem since the 1970's would be hit in the 1990's

Coca-Cola wishes to be sure that at least 60% of the consumers prefer the contoured bottle. Of 3,000 consumers nationwide, 1900 prefer the new bottle. Is this sufficient evidence to give the new bottle the go-ahead?

a) Set up the null and alternative hypotheses for Coca-Cola.

b) In terms of Coke's decision to introduce the new bottle or not, what is a Type I error?

c) In terms of Coke's decision to introduce the new bottle or not, what is Type II error?

d) What is the value of the test statistic?

e) If alpha = 0.05, what is the rejection region? What is your decision?

Reference no: EM13113773

Questions Cloud

Make a flexible budget performance report showing airqual : Make a flexible budget performance report showing AirQual Test Corporation's activity variances and revenue and spending variances for February.

If replication were conservative : Suppose that Meselson and Stahl had carried out their experiment by growing cells in medium with 14N and then transferring the cells to medium containing 15N.

Find the maximum error of the estimate : A confidence interval estimate for the population mean is given to be (35.55, 44.12). If the standard deviation is 15.797 and the sample size is 37, answer each of the following: (A) Determine the maximum error of the estimate, E.

Explain using the laws of supply and demand : the cost of everything seems to go up immediately. Explain why this phenomenon may be a good thing, Explain using the laws of supply and demand

Alternative hypotheses for coca-cola : Set up the null and alternative hypotheses for Coca-Cola. In terms of Coke's decision to introduce the new bottle or not, what is a Type I error?

Find which group concludes that outcome is too close to call : Class finds 54% of 450 randomly selected voters are in support. Both groups will create 95% confidence intervals. Which group concludes that the outcome is too close to call? Why?

How many moles of nacl are also formed : For the reaction:-2 HCl + Na2CO3 - 2 NaCl + H2O + CO2 ,179.2 liters of CO2 is collected at STP.

Elucidate who is most likely to respond first : Elucidate who is most likely to respond first? Which economic system is the best solution for handling a crisis of epic proportion?

Why enhancers can be moved around within the dna : How do you explain why enhancers can be moved around within the DNA without affecting their activity, whereas the TATA box can only operate at one specific site?

User Account

All Pages