One sided or two? In each of the following situations, is the alternative hypothesis one-sided or two-sided? What are the hypotheses? a) A business student conducts a taste test to see whether...


One sided or two? In each of the following situations, is the alternative hypothesis one-sided or two-sided? What are the hypotheses?


a) A business student conducts a taste test to see whether students prefer Diet Coke or Diet Pepsi.


 b) PepsiCo recently reformulated Diet Pepsi in an attempt to appeal to teenagers. They run a taste test to see if the new formula appeals to more teenagers than the standard formula.


c) A budget override in a small town requires a twothirds majority to pass. A local newspaper conducts a poll to see if there’s evidence it will pass.


d) One financial theory states that the stock market will go up or down with equal probability. A student collects data over several years to test the theory.



May 05, 2022
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