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7.13 A marketing survey is conducted in which students are to taste two different brands of soft drink. Their task is to corr

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population proportion=0.5

n=200

standard error of p-hat=sqrt(0.5*(1-0.5)/200)=0.0354

a)

z(0.5)=0

z(0.60)=(0.60-0.50)/0.0354=2.82

P(0<z<2.82)=P(z<2.82)-P(z<0)

=0.9976-0.5=0.4976

b)

lower limit=0.5-1.645*0.0354=0.442

upper limit=0.5+1.645*0.0354=0.558

c)

z=(0.55-0.5)/0.0354

z=1.414

P(z>1.414)=0.0786

  

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