To Compare the Effect of Weather on Sales of Soft

question 73

Short Answer

To compare the effect of weather on sales of soft drinks, a distributor surveyed people in two regions of the country and asked if they purchased soft drinks in the last month. The following are the results. The distributor would like to know if there is a difference in sales between the two regions. What is the null hypothesis?

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Definitions:

Good

A Good is a tangible product that satisfies human wants or needs.

Kosher Foods

Foods that comply with a strict set of dietary rules in Judaism.

Elastic

A term describing a situation where the demand or supply of a good or service changes significantly when its price changes.

Higher Taxes

Increased rates or amounts of taxes imposed by governments on individuals, corporations, or transactions.