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Question
A new soft drink is being market tested. It is estimated that 60% of consumers will like the new drink. A sample of 96 taste-tested the new drink.a. Determine the standard error of the proportion
b. What is the probability that more than 70.4% of consumers will indicate they like the drink?
c. What is the probability that more than 30% of consumers will indicate they do notlike the drink?
Answer
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