Essay
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A brand manager is interested in determining if consumers prefer the new fragrance associated with a detergent.She surveyed 212 consumers and has them rank the new and old fragrances on a scale of 1 to 10.Of the 198 consumers who scored a different score on the new fragrance than on the old,the absolute values of the differences in their ratings were ranked.The smaller of the ranked sums,8,208,was for those individuals who rated the original fragrance higher.
-In a recent survey,23 customers were asked whether they preferred Coca-Cola or Pepsi.Of those respondents who had a preference,6 preferred Coca-Cola while 13 preferred Pepsi.Is there sufficient evidence that people prefer Pepsi to Coca-Cola?
Correct Answer:

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H0 : P = 0.50 (no preference)vs.H1 : P > 0...View Answer
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