Using a 05 do the sample results support the conclusion


The Coca-Cola Company reported that the mean per capita annual sales of its beverages in the United States was 423 eight-ounce servings (Coca-Cola Company website, February 3, 2009). Suppose you are curious whether the consumption of Coca-Cola beverages is higher in Atlanta, Georgia, the location of Coca-Cola's corporate headquarters. A sample of 36 individuals from the Atlanta area showed a sample mean annual consumption of 460.4 eight-ounce servings with a standard deviation of s = 101.9 ounces. Using α = .05, do the sample results support the conclusion that mean annual consumption of Coca-Cola beverage products is higher in Atlanta?

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Finance Basics: Using a 05 do the sample results support the conclusion
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