I’ve been trying to figure this out all day and still can’t seem to figure it out
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Mathematics, 08.06.2020 23:57 tay8963
I’ve been trying to figure this out all day and still can’t seem to figure it out
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Answers: 1
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According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.
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