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August 23, 2014

Homework Help: STATISTICS

Posted by Bettie on Tuesday, April 16, 2013 at 6:54pm.

A local donut shop wishes to test out its donuts against those of the competition which is planning to set up in the community. Each of 50 subjects tastes 2 unidentified donuts and says which they perfer. 31 or 62% of the subjects perfer the local company's donuts to the competition's donuts. Test the claim that a majority(over 50%) of people prefer the local company donuts at the significance level of 0.01. What is your practical conclusion? Do a full hypotheses test.
Suggest how you would design and conduct this experiment.

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