In: Statistics and Probability
According to M&Ms are randomly mixed to have 24% blue M&MS. Suppose your bag has a total of 57 M&Ms and 11 are blue.
Assuming the distribution of total m&m is normally distribution, what is the mean and standard deviation of the sample distribution?
Whats the standard score?
Whats the null hypothesis and alternate hypothesis?
ONE sided or two sided?
What is the p-value
At the 5% significance level, what would our conclusions be?
Clearly p value is greater than 5% or 0.05 . So at 5% level we failed to reject the claim that the percentage of blue M&MS is 24%