Use the M&Ms® data to complete this assignment. You
will be using the methods of 7.4 for the color proportions and 7.2for the mean
number of candies per bag. For the Bonus
you will be using the methods of 7.5. You can use StatCrunchto assist with the calculations. A link for StatCrunch can befound under
Tools for Success in Course Home. Here
is also alink: http://statcrunch.pearsoncmg.com/statcrunch/larson_les4e/dataset/index.html. You can also find additional help on both
confidence intervals and StatCrunch in the Online Math Workshopunder Tab: “MAT300 Archived Workshops”. Specificallyyou will be looking for Hypothesis
Tests and Using Technology – Hypothesis Testing. Submit youranswers in Excel, Word or pdf format. Submit your filethrough the M&M® project link in the weekly coursecontent. Be sure to state clear
hypotheses, test statistic values, critical value or p-value,decision
(reject/fail to reject), and conclusion in English (what doesreject/fail to
reject the null mean in terms of your hypotheses). When doing calculations for the color proportions, keep atleast 4-6 decimal place sample proportions, otherwise you willencounter large rounding errors.Masterfoods USA statesthat their color blends were selected by conducting consumerpreference
tests, which indicated the assortment of colors that pleased thegreatest number of people and created the most attractive overalleffect. On average, they claim the following percentages ofcolors for M&Ms® milk
chocolate candies: 24% blue, 20% orange, 16% green, 14%yellow, 13% red
and 13% brown.
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