SOLUTION: A survey for brand recognition is done and it is determined that 70% of
consumers have heard of Dull Computer Company. A survey of 900
randomly selected consumers is to be con
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-> SOLUTION: A survey for brand recognition is done and it is determined that 70% of
consumers have heard of Dull Computer Company. A survey of 900
randomly selected consumers is to be con
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Question 577963: A survey for brand recognition is done and it is determined that 70% of
consumers have heard of Dull Computer Company. A survey of 900
randomly selected consumers is to be conducted. For such groups of 900,
would it be unusual to get 527 consumers who recognize the Dull
Computer Company name. Answer by dfrazzetto(283) (Show Source):
You can put this solution on YOUR website!
527/900 = 58.6%, which may be far enough away (11.4%) from 70% to make the p value smaller than 5%, but we need more information like standard deviation