nzza Hut wants to test-market a new product called the Bigfoot nzza. Tzza Hut only wants to introduce the product if it would increase its sales by more than 14% because it costs a lot of money to produce and market a new product. Identify which decision described below is the power of the test.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 14CYU
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Nzza Hut wants to test-market a new product called the Bigfoot nzza.
Nzza Hut only wants to introduce the product if it would increase its
sales by more than 14% because it costs a lot of money to produce and
market a new product. Identify which decision described below is the
power of the test.
TIZZA Hut decides not to introduce the product; sales would not have
increased by more than 14%.
O Tzza Hut decides not to introduce the product; sales would have increased
by more than 14%.
TIzza Hut decides to introduce the product; sales do increase by more than
14%.
Izza Hut decides to introduce the product; sales don't increase by more than
14%.
Transcribed Image Text:Nzza Hut wants to test-market a new product called the Bigfoot nzza. Nzza Hut only wants to introduce the product if it would increase its sales by more than 14% because it costs a lot of money to produce and market a new product. Identify which decision described below is the power of the test. TIZZA Hut decides not to introduce the product; sales would not have increased by more than 14%. O Tzza Hut decides not to introduce the product; sales would have increased by more than 14%. TIzza Hut decides to introduce the product; sales do increase by more than 14%. Izza Hut decides to introduce the product; sales don't increase by more than 14%.
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