Field tests of a low-calorie sport drink found that 80 of the 100 who
Field tests of a low-calorie sport drink found that 80 of the 100 who tasted the beverage preferred it to the regular higher-calorie drink. A break-even analysis indicated that the launch of this product will be profitable if the beverage is preferred by more than 75% of all customers. a) Step-by-step (please): find the p-value for a test of the null hypothesis. If alpha = […]
