Multiple Choice
A product manager for an inexpensive shampoo product was concerned because of declining sales. The manager felt that in blind product testing there would be no difference or possibly even a preference by consumers for the inexpensive shampoo over the expensive brand name alternative. The product manager decides to test this hypothesis. If the inexpensive shampoo is given by I and the expensive shampoo by E, the correct hypotheses for this situation are
A) H0 : I = E, Ha : I > E.
B) H0 : I = .50, Ha : I .50.
C) H0 : I < .50, Ha : I .50.
D) H0 : I = E, Ha : I = E.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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