In a taste comparison test it was found that 58
In a taste comparison test, it was found that 58 of 100 persons preferred the chunky version of a peanut butter over the creamy type. An interested observer would like to determine whether this proportion (0.58) is significantly greater than the (0.50) proportion that would tend to result from chance. Using the 0.05 level of significance, what conclusion will be reached?
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