Cherry Berry Soda, Inc. claims that 15 percent of the population can identity its products. In efforts to boost their identity, Cherry-Berry employs a famous spokesperson to advertise. A survey is then taken to assess the results of the ad campaign. The results show that 17 percent of the 1000 respondents can identity Cherry-Berry products. Has the advertising campaign increased product identity or is the difference due to chance? Use the 0.10 significance level.
a. State the null and alternate hypotheses
Ho : H1:
b.State the decision rule.
c. Compute the value of the test statistic.
d. Estimate the p-value.
e. What is your decision regarding the null hypothesis? Interpret the result.