Last year, a soft drink manufacturer had 21% of the market. In order to increase their…

Last year, a soft drink manufacturer had 21% of the market. In
order to increase their portion of the market, the manufacturer has
introduced a new flavor in their soft drinks. A sample of 400
individuals participated in the taste test and 100 indicated that
they like the new taste. We are interested in determining if more
than 21% of the population will like the new soft drink.

Place Order

A. Set up the null and the alternative hypotheses.

B. Determine the test statistic.  

C. Determine the p-value.

D. Using a=.05, test to determine if more than 21% of the
population will like the new soft drink.  

Please show all work and formulas.  

Thank you,