Refer to Exercise 5, which required a description of a simulation.

a. Conduct the simulation and record the number of consumers who recognize the brand name of McDonald’s. If possible, obtain a printed copy of the results. Is the proportion of those who recognize McDonald’s reasonably close to the value of 0.95?

b. Repeat the simulation until it has been conducted a total of 10 times. In each of the 10 trials, record the proportion of those who recognize McDonald’s. Based on the results, do the proportions appear to be very consistent or do they vary widely? Based on the results, would it be unusual to randomly select 50 consumers and find that about half of them recognize McDonald’s?

Develop a simulation using a TI-83/84 Plus calculator, STATDISK, Minitab, Excel, or any other suitable calculator or computer software program.