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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.
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Business Statistics

Business Statistics


Edition: 2nd
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PharmacyvicPharmacyvic
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