\"Trydint\" bubble-gum company claims that 3 out of 10 people prefer their gum to \"Eklypse\". Test...

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\"Trydint\" bubble-gum company claims that 3 out of 10 peopleprefer their gum to \"Eklypse\". Test their claim at the 99confidence level. The null and alternative hypothesis in symbolswould be: H 0 : p ≤ 0.3 H 1 : p > 0.3 H 0 : μ = 0.3 H 1 : μ ≠0.3 H 0 : μ ≥ 0.3 H 1 : μ < 0.3 H 0 : μ ≤ 0.3 H 1 : μ > 0.3 H0 : p = 0.3 H 1 : p ≠ 0.3 H 0 : p ≥ 0.3 H 1 : p < 0.3 The nullhypothesis in words would be: The average of people that preferTrydint gum is not 0.3. The proportion of all people that preferTrydint gum is less than 0.3. The proportion of people in a samplethat prefers Trydint gum is 0.3. The proportion of people in asample that prefer Trydint gum is not 0.3 The proportion of allpeople that prefer Trydint gum is greater than 0.3. The proportionof all people that prefer Trydint gum is 0.3 The average of peoplethat prefer Trydint gum is 0.3. Based on a sample of 280 people, 58said they prefer \"Trydint\" gum to \"Eklypse\". The point estimate is:(to 3 decimals) The 99 % confidence interval is: to (to 3 decimals)Based on this we: Reject the null hypothesis Fail to reject thenull hypothesis

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SolutionGivenClaim3 out of 10 people prefer their gum toEklypsePart a The null and alternative hypothesis insymbols would beH0 p 03 Vs H1 p 03Part b The null hypothesis    See Answer
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