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# Not too sure on how to interpret and solve it. In your study, 280 out of 560 cola drinkers prefer Pepsi over Coca-Cola.

I need help with this problem please. Not too sure on how to interpret and solve it.

In your study, 280 out of 560 cola drinkers prefer Pepsi® over Coca-Cola®. Using these results, test the claim that more than 50% of cola drinkers prefer Pepsi® over Coca-Cola®. Use a = 0.05. Interpret your decision in the context of the original claim. Does the decision support PepsiCo's claim?

Z stat &lt; zalpha Fail to reject H0 Conclude that There... View the full answer

From the test it is concluded that the proportion of... View the full answer

Since the value of Z calculated &lt; Z tabulated Therefore we do not... View the full answer

Yes, the decision... View the full answer

At the significance level 0.05, decision is fail to reject the null... View the full answer

At 0.05 level of significance there are... View the full answer

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