To compare the effect of weather on sales of soft drinks, a soda manufacturer sampled two regions
Of the country with the following results. Is there a difference in sales between the 2 regions?
i. Using the 1% level of significance, the critical value is ±2.58.
ii. The z-statistic is 3.40.
iii. Your decision is to reject the null hypothesis.
A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (ii) is a correct statement but not (i) and (iii) .
Correct Answer:
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