In a recent survey, 10 percent of the participants rated Pepsi as being "concerned with my health." PepsiCo's response included a new "Smart Spot" symbol on its products that meet certain nutrition criteria, to help consumers who seek more healthful eating options. Suppose a follow-up survey shows that 29 of 200 persons now rate Pepsi as being "concerned with my health." What is the p-value for the test that would show whether or not there is sufficient evidence that the percentage has increased?

Step-by-step explanation:

Data given and notation

n=200 represent the random sample taken

X=29 represent the persons who now rate Pepsi as being "concerned with my health

estimated proportion of persons who now rate Pepsi as being "concerned with my health

is the value that we want to test

represent the significance level

z would represent the statistic (variable of interest)

represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that true percentage is higher than 10% or 0.1.:  

Null hypothesis:  

Alternative hypothesis:  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

(1)  

The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value .

Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The next step would be calculate the p value for this test.  

Since is a right tailed test the p value would be: