Solved: Preference of shoppers regarding two products, Finance Basics

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Preference of shoppers regarding two products

The results of a recent poll on the preference of shoppers regarding two products are shown below.

Product

ShoppersSurveyed

ShoppersFavoring

ThisProduct

800

560

900

612

At the 5% significance level, test the hypothesis that the population proportion of shoppers who favor B exceeds the percentage that favor A.

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Finance Basics: Preference of shoppers regarding two products

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Finance Basics: Preference of shoppers regarding two products

Reference No:- TGS0558824

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