Two years ago the manager of a local supermarket that sells three national brands (brands A, B, and C) and one store brand (brand D) of orange juice found that brands A and C were equally preferred, 33% preferred brand B, and 27% preferred the store brand, D. Now, the manager thinks that there has been a change in customer preferences and that the preference for store-brand orange juice has increased and perhaps will positively contribute to increased profits. The results from a recent random sample of shoppers indicate the following preferences.Favorite brand A B C D (store brand)Number 56 70 28 126Has there been a change in customer preferences from the study 2 years ago?

Two years ago the manager of a local supermarket that sells three national brands (brands A, B, and C) and one store brand (brand D) of orange juice found that brands A and C were equally preferred, 33% preferred brand B, and 27% preferred the store brand, D. Now, the manager thinks that there has been a change in customer preferences and that the preference for store-brand orange juice has increased and perhaps will positively contribute to increased profits. The results from a recent random sample of shoppers indicate the following preferences.Favorite brand A B C D (store brand)Number 56 70 28 126Has there been a change in customer preferences from the study 2 years ago?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 28PPS

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