You select a random sample of 200 students and assume that


You plan to conduct a marketing experiment in which students are to taste one of two different brands of soft drink. Their task is to correctly identify the brand tasted. You select a random sample of 200 students and assume that the students have no ability to distinguish between the two brands. (Hint: If an individual has no ability to distinguish between the two soft drinks, then the two brands are equally likely to be selected)

  • What is the probability that the sample will have between 50% and 60% of the identifications correct?

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Finance Basics: You select a random sample of 200 students and assume that
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