The M&M/Mars Chocolate Company is interested in customer preferences
The M&M/Mars Chocolate Company is interested in customer preferences regarding the color of their M&M candies. They believe that people’s preferences for color is given in the table below.
|
Color |
Brown |
Yellow |
Red |
Orange |
Green |
Blue |
|
Percentage |
30% |
20% |
20% |
10% |
10% |
10% |
If they surveyed 500 customers regarding their preferences and found the following number of people with each preference:
|
Color |
Brown |
Yellow |
Red |
Orange |
Green |
Blue |
|
Number |
177 |
135 |
79 |
36 |
35 |
38 |
a. What would be the hypotheses you are testing in this situation?
b. Perform the test and give the correct conclusion based on your test results using α = 0.05.