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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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writingprof12 writingprof12
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2 years ago
Costco Wholesale claims that Costco members prefer its Kirkland brand toilet paper over the leading national brand. To test this claim, Costco recorded the preferences of a random sample of customers which are summarized in the table below.



Using α = 0.05, which one of the following statements is true?

▸ Because the p-value is greater than α, we reject the null hypothesis and cannot conclude that Costco customers prefer Kirkland brand toilet paper over the leading national brand.

▸ Because the p-value is greater than α, we fail to reject the null hypothesis and cannot conclude that Costco customers prefer Kirkland brand toilet paper over the leading national brand.

▸ Because the p-value is less than α, we fail to reject the null hypothesis and conclude that Costco customers prefer Kirkland brand toilet paper over the leading national brand.

▸ Because the p-value is less than α, we reject the null hypothesis and conclude that Costco customers prefer Kirkland brand toilet paper over the leading national brand.
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
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PharmacyvicPharmacyvic
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writingprof12 Author
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2 years ago
Thanks
DAGINC
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Thanks for your help!!
paulinaibarra98
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This site is awesome
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