Given the following scenario: A market research firm reportsthat 65% of American

Question

Given the following scenario: A market research firm reportsthat 65% of American cola drinkers prefer Coke, 31 % perfer Pepsi,and 4 % prefer RC cola. The kmart store near a college campuscompares their cola sales to these proportions to see if theresales resemble the findsing of the market research firm. What statisticial technique would you tell the kmart store touse? Is it chi-square or one samples t-test? Or somethingdifferent? PLEASE LET ME KNOW. WILL RATE ASAP. THANKS IN ADVANCE. Given the following scenario: A market research firm reportsthat 65% of American cola drinkers prefer Coke, 31 % perfer Pepsi,and 4 % prefer RC cola. The kmart store near a college campuscompares their cola sales to these proportions to see if theresales resemble the findsing of the market research firm. What statisticial technique would you tell the kmart store touse? Is it chi-square or one samples t-test? Or somethingdifferent? PLEASE LET ME KNOW. WILL RATE ASAP. THANKS IN ADVANCE.

Explanation / Answer

It is chi-square test.

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