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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Suppose that in 1979 only 12% of the general adult U.S. public believed that Shell was a “premiere” company. Suppose further that you randomly selected 350 people from the general adult U.S. public this year and 25% said that Shell was a “premiere” company. If only 12% of the general adult U.S. public still believes that Shell is a “pre- miere” company, how likely is it that the 25% figure is a chance result in sampling 350 people? Hint: Use the tech- niques in this chapter to determine the probability of the 25% figure occurring by chance.
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