Vermont based Green Mountain Coffee Roasters dominates the
Last updated: 10/21/2023
Vermont based Green Mountain Coffee Roasters dominates the market for single serve coffee in the United States with its subsidiary Keurig accounting for approximately 70 of sales Rivals Try to Loosen Keurig s Grip on Single Serve Coffee Market Chicago Tribune February 26 But Keurig s patent on K cups the plastic pods used to brew the coffee is expected to expire this year allowing other companies to better compete Suppose a potential competitor has been conducting blind taste tests on its blend and finds that 47 of consumers strongly prefer its French Roast to that of Green Mountain Coffee Roasters After tweaking its recipe the competitor conducts a test with 144 tasters of which 72 prefer its blend The competitor claims that its new blend is preferred by more than 47 of consumers to Green Mountain Coffee Roasters French Roast Which of the following should be used to develop the null and alternative hypotheses to test this claim Multiple Choice O Ho p 0 47 HA P 0 47 Ho p 0 47 HA P 0 47 Ho 72 HA 72 Ho p 0 50 HA P 0 50