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(Problem Set #8) A new soft drink is being market tested. A sample of 120 individuals participated in the taste test and 36 indicated that they like the taste. We are interested in determining if more than 25% of the consumers will like the new soft drink. Let p = the proportion of all consumers who like the new soft drink. At a 5% significance level a. we can conclude that less than 20% of the consumers like the new drink b. we can conclude that more than 20% of the consumers like the new drink O C. we cannot conclude that more than 20% of the consumers like the new drink Od. e cannot tell anything from the information provided

(Problem Set #8) A new soft drink is being market tested. A sample of 120 individuals participated in the taste test and 36 indicated that they like the taste. We are interested in determining if more than 25% of the consumers will like the new soft drink. Let p = the proportion of all consumers who like the new soft drink. At a 5% significance level a. we can conclude that less than 20% of the consumers like the new drink b. we can conclude that more than 20% of the consumers like the new drink O C. we cannot conclude that more than 20% of the consumers like the new drink Od. e cannot tell anything from the information provided

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 8SGR
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(Problem Set #8) A new soft drink is being market tested. A sample of 120 individuals participated in the taste test and 36 indicated that they like the taste. We are interested in determining if more than 25% of the consumers will like the new soft drink. Let p = the proportion of all consumers who like the new soft drink. At a 5% significance level a. we can conclude that less than 20% of the consumers like the new drink b. we can conclude that more than 20% of the consumers like the new drink O C. we cannot conclude that more than 20% of the consumers like the new drink O d. we cannot tell anything from the information provided
Transcribed Image Text:(Problem Set #8) A new soft drink is being market tested. A sample of 120 individuals participated in the taste test and 36 indicated that they like the taste. We are interested in determining if more than 25% of the consumers will like the new soft drink. Let p = the proportion of all consumers who like the new soft drink. At a 5% significance level a. we can conclude that less than 20% of the consumers like the new drink b. we can conclude that more than 20% of the consumers like the new drink O C. we cannot conclude that more than 20% of the consumers like the new drink O d. we cannot tell anything from the information provided
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