The marketing director of a large soda company is concerned

The marketing director of a large soda company is concerned that they are losing the youth market. The marketing director examines data from a randomly selected group of customers to determine it their mean age of customers is higher than the industry average of 27 years. The hypotheses are: The P-value for this test is 0.0127. At the 5% significance level the director rejects H_0, the mean age for the company\'s customers is significantly higher than the national average of 27. rejects 11 . the mean age for the company\'s customers is not significantly different from the national average of 27. does not reject H_0, the mean age for the company\'s customers is significantly higher than the national average of 27. does not reject H_0 for the company\'s customers is not significantly higher than the national average of 27. none of the above

Solution

Among the all options, option (A) is correct.

Because, the p-value of 0.0127 is less than the significance level of 0.05. So, reject the null hypothesis.