Two years ago the manager of a local supermarket that sells three national brands (brands A, B,

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Two years ago the manager of a local supermarket that sells three national brands (brands A, B, and C) and one store brand (brand D) of orange juice found that brands A and C were equally preferred, 33% preferred brand B, and 27% preferred the store brand, D. Now, the manager thinks that there has been a change in customer preferences and that the preference for store-brand orange juice has increased and perhaps will positively contribute to increased profits. The results from a recent random sample of shoppers indicate the following preferences.
Two years ago the manager of a local supermarket that

Has there been a change in customer preferences from the study 2 years ago?

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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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