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Question: A manufacturer of sports drinks has randomly sampled 198 men and 202 women. Each sampled participant was asked to taste an unflavored version and a flavored version of a new sports drink currently in development. The participants' preferences are shown below:
Flavoured Unflavoured
Men 101 97
Women 68 134
a. State the relevant null and alternative hypotheses.
b. Conduct the appropriate test and state a conclusion. Use a level of significance of 0.05.
four out of every 10 online homes in the u.s. have switched to broadband high-speed internet. two homes are randomly
Suppose that the incumbent has sufficient capacity such that at p = w she can produce the market demand. If the price postentry is w, would an entrant enter? Should the price postentry reflect w? Equal w?
a dean of a business school wants to know if the proportion of graduates who use statistical inference within the first
In a recently conducted study, families reported using an average of 70 gallons of gasoline per month with a standard deviation of 9 gallons.
Finds that their mean travel time is = 22.5 minutes. What are the null and alternative hypotheses for testing whether the true mean is different from 20 minutes?
The second lease contains a bargain purchase option; the lease term is equal to 50 percent of the estimated economic life of the machine. How should Von classify each of the two leases? Why?
Determine and interpret the p-value for the test. Construct and interpret the 99% confidence interval for the test.
What is the correct answer to Suppose you were trying to decide which of two machines to purchase. Furthermore, suppose the length to which the machines cut a particular product part was important.
Suppose that the company is willing to consider dropping the distribution center limitations; that is, customers could be served by any of the distribution centers for which costs are available. Can costs be reduced? By how much - If the company d..
The probabilities of low, medium and high compliance are 0.3, 0.4, and 0.3, respectively
A bag contains r balls, of which 2 are red and r - 2 are black. We draw a ball at random, we write down its color, and we put it to one side (not back in the bag). We repeat the procedure r times.
The number of credits being taken by a sample of 13 full-time college students are listed below. Find the mean, median, and mode of the data, if possible. If any measure cannot be found or does not represent the center of the data, explain why.
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