Question

A new soft drink is being market tested. a sample of 400 individuals participated in the taste test and 80 indicated they like the taste.

A. At a 5% significant level, test to determine if at least 22% of the population will like the new soft drink.

B. Determine the p-value

Answer 1

Explanation:

p/100* 400=80

*100 *100

400p=8000

:400 :400

p=20

With 5% significant level I think we consider that 22% likes the drink