Why coca cola is preferred over old formula, Basic Statistics

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Why coca cola is preferred over old formula

Solve the below problem:

Q: A soft drink company wants to know if its new formula for cola is preferred over its old formula. They ask 500 people to taste the 2 sodas, and they find that 265 of them prefer the new formula. Do the data provide convincing statistical evidence that the new formula for cola is preferred over its old formula?

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Basic Statistics: Why coca cola is preferred over old formula

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Basic Statistics: Why coca cola is preferred over old formula

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