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Suppose Pepsi wants to perform a blind taste test to determine if people prefer Pepsi Max or Pepsi ...

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Suppose Pepsi wants to perform a blind taste test to determine if people prefer Pepsi Max or Pepsi ...

Suppose Pepsi wants to perform a blind taste test to determine if people prefer Pepsi Max or Pepsi One. The following table shows the preferences of a random sample of adults.

Using α = 0.10, 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 adults have a preference for Pepsi Max or Pepsi One.

▸ Because the p-value is greater than α, we fail to reject the null hypothesis and cannot conclude that adults have a preference for Pepsi Max or Pepsi One.

▸ Because the p-value is less than α, we fail to reject the null hypothesis and conclude that adults have a preference for Pepsi Max or Pepsi One.

▸ Because the p-value is less than α, we reject the null hypothesis and conclude that adults have a preference for Pepsi Max or Pepsi One.

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Business Statistics

Edition: 2^nd

Author: Donnelly

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