Molson has been in business in Canada for over two and a quarter centuries, a fact that
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Molson has been in business in Canada for over two and a quarter centuries, a fact that speaks to the consistent quality of the beer. Suppose Molson’s aim is that at least 98% of customers say the taste hasn’t changed. One way to ensure consistency is to run taste tests with a random selection of customers. Ninety-nine percent of a random sample of 850 customers say the taste hasn’t changed in the past 10 years. Is that sufficient for Molson’s purposes?
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p 0 098 p 099 n 850 We can use the Normal distribution to test the hypothesis that the ...View the full answer
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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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