M&M/MARS, makers of M& chocolate candies, conducted a national poll in which more than 10 million people

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M&M/MARS, makers of M&® chocolate candies, conducted a national poll in which more than 10 million people indicated their preference for a new color. The tally of this poll resulted in the replacement of tan-colored M&Ms with a new blue color. In the brochure €œColors,€ made available by M&M/MARS Consumer Affairs, the distribution of colors for the plain candies is as follows:
M&M/MARS, makers of M&M® chocolate candies, conducted a national poll

In a follow-up study, samples of 1-pound bags were used to determine whether the reported percentages were indeed valid. The following results were obtained for one sample of 506 plain candies.

M&M/MARS, makers of M&M® chocolate candies, conducted a national poll

Use α = .05 to determine whether these data support the percentages reported by the company.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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