The M&M/Mars Chocolate Company is interested in customer preferences regarding the color of their M&M candies. They believe that people's preferences for color is given in the table below.
|
Color
|
Brown
|
Yellow
|
Red
|
Orange
|
Green
|
Blue
|
|
Percentage
|
20%
|
20%
|
10%
|
10%
|
10%
|
10%
|
If they surveyed 500 customers regarding their preferences and found the following number of people with each preference:
|
Color
|
Brown
|
Yellow
|
Red
|
Orange
|
Green
|
Blue
|
|
Number
|
177
|
135
|
79
|
36
|
35
|
38
|
- What would be the hypotheses you are testing in this situation?
- Perform the test and give the correct conclusion based on your test results using α = 0.05.