Question: What is the the five step process for the z test mentioned in the post below? Assume you are a manager in one of the
What is the the five step process for the z test mentioned in the post below?
Assume you are a manager in one of the branches of the 7-Eleven company and a local bakery is offering to sell some kinds of bread in your branch. The bakery is claiming more than 70% of people living in the neighborhood are fans of the products. Explain in detail all the steps you would take to verify this claim. What data would you need to collect?
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