Last year, a soft drink manufacturer had 21% of the market….
Last year, a soft drink manufacturer had 21% of the market. In order to increase their portion of the market, the manufacturer has introduced a new flavor in their soft drinks. A sample of 400 individuals participated in the taste test and 101 indicated that they like the taste. We are interested in determining if more than 21% of the population will like the new soft drink. What hypothesis are we testing?
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