Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Management Posted 09 Oct 2017 My Price 5.00

maker of soft drink

In Exercise 7.64, the maker of soft drink A claims its product to be “superior” to soft drink B. Given the results obtained in Exercise 7.64, do they appear to have a solid basis for their claim?

Exercise 7.64

A food expert claims that there is no difference between the taste of two leading soft drinks. In a taste test involving 200 persons, however, 55% of the subjects say they like soft drink A better than B. If the food expert is correct, we would expect that 50% of the persons would have preferred soft drink A. Under the assumption that the food expert is correct, what would be the probability of a “taste-off” in which 110 or more of the subjects preferred soft drink A?

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 09:10 PM My Price 5.00

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