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Pepsi’s Market Share Two of the biggest soft drink rivals, Pepsi and Coke, are very concerned about their market shares. The pie chart that follows claims that PepsiCo’s share of the beverage market is 25%.
A group of
a. Exactly 150 consumers prefer a Pepsi product.
b. Between 120 and 150 consumers (inclusive) prefer a Pepsi product.
c. Fewer than 150 consumers prefer a Pepsi product.
d. Would it be unusual to find that 232 of the 500 consumers preferred a Pepsi product? If this were to occur, what conclusions would you draw?
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Chapter 6 Solutions
Introduction to Probability and Statistics
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill