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SCENARIO 10-8
A few years ago, Pepsi invited consumers to take the "Pepsi Challenge." Consumers were asked to decide which of two sodas, Coke or Pepsi, they preferred in a blind taste test.Pepsi was interested in determining what factors played a role in people's taste preferences.One of the factors studied was the gender of the consumer.Below are the results of analyses comparing the taste preferences of men and women with the proportions depicting preference for Pepsi.
-Referring to Scenario 10-8, suppose that the two-tail p-value was really 0.0734.State the proper conclusion.
Late Majority
A group in the diffusion of innovation theory, representing consumers who adopt new products or technologies after the average member of society, often motivated by a desire to maintain the status quo.
Late Adopters
Individuals or groups who are among the last to use or accept new products, technologies, or ideas, often due to skepticism or resistance to change.
Favourable Attitudes
Refers to positive predispositions or feelings towards people, objects, or concepts.
Socially Active
The state or condition of being engaged and active in social contexts, including participating in group activities or contributing to community and social networks.
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