This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A new brand of chocolate bar is being market tested. Four hundred of the new chocolate bars were ... (Read 75 times)

rissygurl1124

  • Full Member
  • ***
  • Posts: 157
on: Mar 25, 2023

A new brand of chocolate bar is being market tested. Four hundred of the new chocolate bars were given to consumers to try. The consumers were asked whether they liked or disliked the chocolate bar. You are given their responses below.

Response

Frequency

Liked

300

Disliked

100

 

400


a.What is the point estimate for the proportion of people who liked the chocolate bar?
b.Construct a 95% confidence interval for the true proportion of people who liked the chocolate bar.
c.With a .95 probability, how large of a sample needs to be taken to provide a margin of error of 3% or less?

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rissygurl1124 on Mar 25, 2023

Htimsrs

  • Full Member
  • ***
  • Posts: 183
Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


rissygurl1124

  • Member
  • Posts: 157
Reply 2 on: Mar 25, 2023
:D TYSM

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Opener Labrador retriever puppies expressing brown (chocolate), golden (yellow) Opener Labrador retriever puppies expressing brown (chocolate), golden (yellow)
Dominican chocolate tiramisu Dominican chocolate tiramisu
Video: Role of transport in a cell

For a complete list of videos, visit our video library