document.write( "Question 235411: I submitted this question on yesterday and did not get a response. I would like to thank the tutor for helping me on this problem. \r
\n" ); document.write( "\n" ); document.write( "A telephone survey gives 670 consumers two choices: Do they prefer Coke or Pepsi? Exactly 158 of those surveyed state that they prefer Coke. Assuming that = 0.10, test the hypothesis that the proportion of the population that prefers Coke is 50%.
\n" ); document.write( "· State the null and alternate hypotheses
\n" ); document.write( "· Calculate the sample proportion
\n" ); document.write( "· Calculate the value of the test statistic.
\n" ); document.write( "· Determine the critical value(s).
\n" ); document.write( "· State your decision: Should the null hypothesis be rejected?
\n" ); document.write( "

Algebra.Com's Answer #173567 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
A telephone survey gives 670 consumers two choices: Do they prefer Coke or Pepsi?
\n" ); document.write( "Exactly 158 of those surveyed state that they prefer Coke.
\n" ); document.write( "Assuming that alpha = 0.10, test the hypothesis that the proportion of the population that prefers Coke is 50%.
\n" ); document.write( "· State the null and alternate hypotheses
\n" ); document.write( "Ho: p = 0.5
\n" ); document.write( "Ha: p is not 0.5
\n" ); document.write( "-----------------------
\n" ); document.write( "· Calculate the sample proportion
\n" ); document.write( "p-hat = 158/670 = 0.2358
\n" ); document.write( "-----------------------------------
\n" ); document.write( "· Calculate the value of the test statistic.
\n" ); document.write( "z(0.2358) = (0.2358-0.5000)/sqrt[.5*.5/(670)] = -13.6773
\n" ); document.write( "-------------
\n" ); document.write( "· Determine the critical value(s).
\n" ); document.write( "invNorm(0.05) = +/-1.645
\n" ); document.write( "--------------
\n" ); document.write( "Decision: Should Ho be rejected.
\n" ); document.write( "Yes because the test statistic is in the rejection interval
\n" ); document.write( "to the left of -1.645.
\n" ); document.write( "=====================================
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" ); document.write( "
\n" );