Test to determine if population will like the new soft drink, Basic Statistics

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Test to determine if population will like the new soft drink

A new soft drink is being market tested. A sample of 400 individuals participated in the taste test and 80 indicated they like the taste.

a. At a 5% significance level, test to determine if at least 22% of the population will like the new soft drink.
b. Determine the p-value.

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Basic Statistics: Test to determine if population will like the new soft drink

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Basic Statistics: Test to determine if population will like the new soft drink

Reference No:- TGS0122765

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Basic Statistics: Test to determine if population will like the new soft drink

Reference No:- TGS0122765

Recent Questions Asked Basic Statistics

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