Explore BrainMass

# Will the new display with Lebron James increase soda sales by 50 cases a week?

Not what you're looking for? Search our solutions OR ask your own Custom question.

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

A soda distributor claims that a new display, featuring Lebron James will increase product sales in supermarkets by an average of 50 cases in a week. For a random sample of twenty supermarkets, the average sales increase was 41.3 cases, and varied across supermarkets by about 12.2 cases.

Most imporatantly, what managerial conclusion can you draw from this data?

https://brainmass.com/statistics/hypothesis-testing/will-the-new-display-with-lebron-james-increase-soda-sales-by-50-cases-a-week-11327

#### Solution Preview

Null Hypothesis: Ho: M =50 cases. The average sales will increase by 50 cases a week
Alternative Hypothesis: H1: M <50. The average sales will not increase by 50 cases a week

M = 50 (hypothesized mean)
s= 12.2 (standard deviation as per the ...

#### Solution Summary

Tests the hypothesis that a new display, featuring Lebron James will increase product sales in supermarkets by an average of 50 cases in a week.

\$2.49